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FOX News Contributor Gerry Baker discusses the President Donald Trumps tariffs on the way to tax reforms in Varney & Co.
American workers According to research by the Federal Reserve Bank of New York, it reduces the expectations of the salary ratio they want to get a new job.
The New York Fed has found that the survey investigating consumer expectations is the so-called Reservation salary In March in March, in March, in March, a new job fell to $ 74.236, which was $ 82,13ur in the data series. In the report, the expectations of the lowered wage were managed by men and employees over the age of 45.
With the decline in the last month, the reservation salary approached the level when in November 2023, $ 73,391.
The new York Fed’s survey also decreased by 14.9% of respondents in November 16.2% decreased that the probability of receiving at least one business offer in the next four months.
The IMF reduces the US economic growth forecast on trade voltage and political unknown
The respondents found in the survey of the New York Fed reduces the expectations of salary for a new job. (Reuters / Andrew Kelly / Reuters Pictures)
Expectations of respondents Unemployment rate It will be higher a year, 4.6% to 44% in March, the highest reading of 2020 was among the growth, education and income groups since 2020.
The probability of losing one of the next 12 months has increased by 1.6 percent to the highest level since March 2024 and increased by 15.7%. This increase was the largest for respondents below $ 50,000 per annum home income.
Evaluation fears, tariff uncertainty immerse to consumer sentiment
Tariffs are typically taxes in imports paid by importers that transmit higher costs at higher costs at higher prices. (Through the Selcuk Acar / Anatolia through Getty Images / Getty Images)
The respondents were less likely to have been waiting for their elderly. The only 47.3% of respondents said they expect to work over the age of 62, and 31.6% think that they think they think of 67 years old.
The desire for employees to receive a low salary for a new job has been weakening of consumer expectations in connection with economic conditions during the president Donald Trump The Office caught and took revenge by foreign countries, the United States applied tariffs to trade partners and an increase in the trade war.
Trump’s tariffs were forecasted to increase unemployment, but avoid massive work: Allililz
Federal Reserve Chair Jerome Powell said that the central bank of the tariffs could put in a difficult situation to support full employment and stable prices. (Anna MoneyMaker / Getty Images / Getty Images)
Federal reserve Authorities expect the increase in consumer prices as a result of the tariffs, the higher and economic growth is expected to expect unemployment expectations.
Economists have increased the likelihood of the US economy declinePartial due to economic dislocations caused by the trade war.
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On Tuesday, the International Monetary Fund (IMF), now the US economy lasted 37% chances to 25%, he said.
Reuters contributed to this report.
