Americans Trim Wage Expectations When Seeking New Jobs, NY Fed Study Finds
According to recently published data, residents of the United States have begun to lower their wage expectations when searching for new employment. A survey conducted by the New York Federal Reserve (NY Fed) shows that many Americans now prefer more flexible working conditions and are willing to accept lower salaries than before. This shift is driven by several factors, including rising worker mortality, increasing costs of living, and changes in the labor market.
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Trump Calls China the Biggest Abuser of All, Advocating Tariffs Without Retaliation
Former President Donald Trump once again criticized China, labeling it "the biggest abuser of all time." During an event in New Hampshire, he stated that China ignores warnings about the potential economic repercussions if it does not change its policies. Trump emphasized the need for new trade tariffs on Chinese goods to protect the interests of American workers and manufacturers.
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Strong US Jobs Report for March 2025: New Economic Prospects
In March 2025, the United States released its latest employment statistics, showcasing positive results and lifting spirits regarding job announcements. According to the report, the unemployment rate dropped to a record low, serving as a strong sign for the nation's economy. Furthermore, an increase in the number of new jobs registered also indicates positive changes in the labor market.
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Core of the Auto Industry: Stellantis Halts Production Due to Trump Tariffs
Recent changes in international trade policy have led to unexpected consequences for American automaker Stellantis. The company, formed from the merger of FCA and PSA, has been forced to temporarily idle its plants due to 25% tariffs on imported vehicles imposed by former President Donald Trump's administration. These tariffs affect cars made outside the U.S., resulting in a significant increase in production costs.
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Private Sector Added 155,000 Jobs in March, Exceeding Expectations
According to the latest ADP report, the private sector in the United States added 155,000 new jobs in March 2023, surpassing the projected 150,000 vacancies. This significant increase in employment demonstrates a strengthening economy and confidence in the future of the labor market. It's important to note that this growth comes amid uncertainty in other sectors of the economy, particularly in manufacturing, which is facing various challenges, including rising costs and changes in product demand.
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UAW Applauds Trump's 25% Tariff on Auto Imports as a Win for Autoworkers
United Auto Workers (UAW) have expressed their support for former President Donald Trump's decision to impose a 25% tariff on imported automobiles. This tariff, they argue, stands as a significant victory not only for the American workforce but also for the preservation of the U.S. auto industry. By ensuring that imported vehicles are taxed heavily, the UAW believes this policy will help bolster domestic manufacturing, create jobs, and protect existing ones.
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UAW Leader Praises Trump's Tariff Efforts with Canada and Mexico to Protect US Jobs
In a recent address, United Auto Workers (UAW) leader Mark Stantoni highlighted the successful actions taken by Donald Trump regarding trade with Canada and Mexico. Stantoni noted that the imposition of tariffs on imported steel and aluminum from these countries played a crucial role in preserving jobs within the US manufacturing sector. According to him, such measures significantly reduced the threat of "job leakage" abroad and helped American factories regain competitiveness.
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Strong US Jobs Report for February 2025
The latest US employment report for February 2025 reveals a significant increase in job numbers, indicating the resilience of the country's economy. The data shows that 250,000 new jobs were added to the economy last month, surpassing analysts' forecasts and reflecting the continued recovery processes in the labor market.
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Trump Claims New Tariffs Will Bring Furniture Manufacturing Back to the U.S., Experts Skeptical
In the wake of economic changes and trade policy, former U.S. President Donald Trump has expressed his position that the introduction of new tariffs on imported furniture could encourage production capabilities to return to the United States. Trump believes this will be a step towards revitalizing the U.S. economy and creating new jobs in the furniture manufacturing sector.
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Stellantis Expands American Manufacturing Thanks to Trump's Tariff Exemption
The automotive manufacturer Stellantis, formed from the merger of Fiat Chrysler and PSA Group, has announced its intentions to increase production in the United States. Ben Sellitti, head of Stellantis North America, emphasized that the exemption from tariffs implemented under the previous Trump administration played a key role in this decision.
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