In 2024, U.S. job growth continued to cool, with an average addition of 180,000 jobs per month, aligning with the trends seen between 2010 and 2019. The unemployment rate did rise slightly but remained near historic lows.
Several factors have helped sustain the economy, including efforts to control inflation and uncertainty surrounding global economic conditions. However, 2025 could bring further changes, especially with potential economic policies from President-elect Donald Trump.
Some industries, particularly agriculture, healthcare, food services, and construction, may face challenges, as they were significant sources of job growth in 2024. Still, experts believe that job opportunities could increase, especially if interest rates are reduced.
