2025 General Membership Meeting Book

U.S. labor market is still resilient through March However, there are some signs of weakening economic conditions Monthly Change in Total U.S. Employment 1.0M

0.5M

228K

0.0M

U.S. Unemployment Rate 7%

6%

5%

4.2%

4%

3%

Jan2021

Jul 2021

Jan2022

Jul 2022

Jan2023

Jul 2023

Jan2024

Jul 2024

Jan2025

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