Us Unemployment Rate 2024 Scenario

Us Unemployment Rate 2024 Scenario. It is increasingly likely that the us will fall into recession. View data of the unemployment rate, or the number of people 16 and over actively searching for a job as a percentage of the total labor force.

Cme fedwatch, a tool that estimates interest rate changes based on market probabilities, predicts a 65.5% chance the fed will cut rates by 25 basis points and a 34.5%. The federal reserve’s efforts to stamp out high inflation will push the us unemployment rate up to at least 5.5 per cent as the world’s largest economy tips into a recession next year.