This chapter analyzes the upcoming April jobs report, focusing on the potential impact of tariffs and economic uncertainty on hiring and unemployment. Experts discuss the resilience of the labor market, the role of tariffs as a tax, and the potential for the Federal Reserve to react to rising unemployment.
Expected slowing in hiring due to tariff uncertainty.
Unemployment rate projected to remain at 4.2%.
Tariffs are considered a tax, potentially slowing hiring and increasing prices.
Companies are waiting to see the full impact of tariffs before making major hiring decisions.