Not affiliated with The United States Office of Personnel Management or any government agency

Not affiliated with The United States Office of Personnel Management or any government agency

Fed might increase interest rates again courtesy job growth

jobs-growthThere has been a stark increase in the job growth rate in the country and this might end up paving the way for the Federal Reserve to increase the interest rates again. This is a great sign for the economy of the country as it promises to get better.

Job Growth rate to increase the interest rates:

The central bank also increased its rates for the first time in a tenure of over a decade and is probably going to continually increase the rates throughout the year.

The data released in this regard might indicate that there have been 200,000 new jobs added in the country only in the month of December.

The job growth

rate is also not confined to one domain or one occupation; there has been significant advancements in almost all the fields of work. Janet Yellen, who is the chairman of the Central bank insists that the bank is going to keep increasing the rates periodically throughout the year.

It’s worth mentioning that the main of the indexes, the S&P 500 ended up at a lower closing rate for the year; economists have said that this is not attributable to the move by the Fed. The federal rates in this regard are also expected to grow with the passage of time.

All in all, the economy is expected to gain more solidarity through the New Year as more and more increases in the rates are being reported. The job growth looks like an ongoing process as well with the government making it abundantly clear that it wants to keep providing people with opportunities to make a profitable living. It’s hoped that whatever transpires through the fiscal year benefits the majority of the population in every way.

 

Search for Public Sector Retirement Expert.

Receive the Best advice.

PSR Experts can help you determine if Public Sector Retirement is right for you or if you should look for alternatives.

The Best Advice creates
the best results.

Recent Articles

3 Common Enrollment Mistakes That Could Cost You More in Medicare Premiums and Healthcare Expenses

Key Takeaways Small enrollment mistakes in Medicare can lead to costly premium penalties and unexpected healthcare expenses.Understanding your enrollment deadlines...

Use This Trick to Increase Your Monthly Social Security Benefit Above the Average of $1,661

Social Security benefits might be a lifeline for many older people, but depending solely on your monthly checks can be...

5 Little-Known Perks That Make Federal Jobs More Valuable Than Many Private-Sector Careers

Key Takeaways Federal jobs offer hidden perks that can add significant long-term value beyond salary and basic benefits.From retirement security...

Search For Public Sector Retirement Expert

Receive the Best advice.

PSR Experts can help you determine if
Public Sector Retirement is right for you or if you should
look for alternatives.

The Best Advice creates

the best results.

Subscribe to our Newsletter

"*" indicates required fields

Our Readers Deserve The Best PSHB and USPS Health Benefits Guidance

Licensed insurance agents who understand PSHB, Medicare, and USPS Health Benefits Plan are encouraged to apply for a free listing.

This field is for validation purposes and should be left unchanged.

Book Phone Consultation

"*" indicates required fields

This field is for validation purposes and should be left unchanged.

Get In Touch

Stay up to date on the latest information about Public Sector Retirement.

The Best Advice Creates The Best