Overview
- The US unemployment rate remained steady at 4.1% despite the sluggish job growth.
- Hurricanes and strikes were significant factors limiting job additions, with economists estimating up to 100,000 jobs impacted.
- The Federal Reserve's inflation target is nearly achieved, paving the way for potential interest rate cuts.
- Economic projections suggest a possible slowdown in 2025, impacting both the US and Mexico.
- The US economy's recent growth rate of 2.8% underscores its resilience among advanced nations.