"The economy averaged just 49,000 jobs added in 2025 compared to 168,000 in 2024, a decline that signals weakening demand for hiring, with December's jobs coming in below expectations and prior months revised down. On the other hand, the unemployment rate declined to 4.4% from 4.6% in November. With solid economic growth continuing and the unemployment rate actually falling despite weak hiring and slower labor supply growth, the Fed will likely hold rates steady rather than cut, and markets are now pricing in the first rate cut for June. Credit unions remain America's steady financial partner regardless of the shifts in the greater economic picture and stand ready to support their members." - America's Credit Unions Chief Economist Dawit Kebede
0 Comments
Leave a Reply. |
Archives
March 2026
Categories |

RSS Feed