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@fko According to a report by Golden Ten, LPL Financial analyst Jeffrey Roach stated that the average monthly increase in private sector employment in the United States will be 149000 in 2024, lower than the 192000 in 2023, and is expected to decline again in 2025. The non farm payroll employment surged by 256000 in December, with a slight decrease in the unemployment rate (against the backdrop of a possible large-scale expulsion of illegal immigrants), which has raised concerns that the Federal Reserve may even need to raise interest rates. But behind the data may be more optimistic. Roach said, "More than 16% of non labor force is foreign born, including undocumented immigrants, so tightening immigration policies may not be as harmful to the economy as some people claim." "At the same time, the Federal Reserve will keep interest rates unchanged @gyoju
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