The unemployment rate ticked down to 4.4 percent, according to Labor Department data released Friday, as layoffs remains low despite meager job creation. However, 2025 marked the fewest jobs gained for workers since 2020 and the second worst year since the Great Recession. Employers added 584,000 jobs in 2025, an average of 49,000 jobs per month in 2025. That’s a significant drop from the 2 million jobs added over 2024 or 168,000 per month. https://buff.ly/L6A8fMs
The US trade deficit narrowed to its lowest level since 2009 in October, as Donald Trump’s tariffs continued to prompt fluctuations in imports. The gap between imports and exports of goods fell 39 per cent from the previous month to $29.4bn, according to data released by the US Department of Commerce on Thursday. https://buff.ly/n6i5FxV
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