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Tariff Policies and Their Potential Impact on Future the U.S. Job Market - Phintraco Sekuritas

Tariff Policies and Their Potential Impact on Future the U.S. Job Market

12 Mar 2025 Valdy

The US labor market conditions in February 2025 were favorable, marked by three labor data indicators: unemployment rate, nonfarm payrolls, and wage growth rate. This data indicates that the US economy is improving despite The Fed’s tendency to maintain a hawkish stance since the last 25bps cut on December 18, 2024. The unemployment rate slightly increased to 4.1% in February 2025 from 4.0% in January 2025 and above market expectations of 4%.