Posted 4/1/2024, 9:23:29 PM
Jobs Report and Unemployment Trends to Shed Light on Economic Growth Amid Immigration Impacts
- Jobs report on Friday will be an important indicator for the Fed on inflation and potential rate cuts
- Unemployment rising in 20 states, possibly indicating economic weakness in certain areas
- Increase in immigration may be contributing to higher unemployment rates in some states
- Higher immigration could increase labor supply and support economic growth overall
- It will be interesting to see if immigrants disperse to states with more jobs available