https://www.taxtmi.com/news?id=33320 Federal policy shifts-principally a presidential hiring freeze, a judicially enjoined incentive program to remove federal workers, expanded import tariffs, and intensified immigration enforcement-are exerting downward pressure on public sector hiring, altering labour supply in immigrant dependent industries, and raising the prospect of tariff driven inflation. January payrolls showed modest job gains concentrated in healthcare, retail and government, with wage growth partly offset by productivity; revisions adjusted recent payrolls upward while annual revisions trimmed prior twelve month job totals. These combined mechanisms may constrain job growth and affect the Federal Reserve's policy outlook. en-us Sat, 08 Feb 2025 00:46:02 +0530 Sat, 08 Feb 2025 00:46:02 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=33320 Federal policy shifts-principally a presidential hiring freeze, a judicially enjoined incentive program to remove federal workers, expanded import tariffs, and intensified immigration enforcement-are exerting downward pressure on public sector hiring, altering labour supply in immigrant dependent industries, and raising the prospect of tariff driven inflation. January payrolls showed modest job gains concentrated in healthcare, retail and government, with wage growth partly offset by productivity; revisions adjusted recent payrolls upward while annual revisions trimmed prior twelve month job totals. These combined mechanisms may constrain job growth and affect the Federal Reserve's policy outlook. News - Sat, 08 Feb 2025 00:46:02 +0530 https://www.taxtmi.com/news?id=33320