US economy will soon start losing 175,000 jobs a

BofA Warns That the US Economy Will Begin to Lose 175,000 Jobs

BofA warns that the US economy will begin to lose 175,000 jobs

During the first quarter of

During the first quarter of 2025, the bank projects that the U.S. will be losing roughly 175,000 jobs a month. And it’s not just the labor market that’s going to take a hit. “We

Bank of America warns US economy could lose 175,000

Bank of America: US economy may lose 175,000 jobs per month

With payrolls shrinking

With payrolls shrinking, thousands of jobs may be cut each month next year, and it can start as soon as the end of this year. “The premise is a harder landing [rather] than

Bank of America, however, expects nonfarm payroll gains to turn negative this year. During the first quarter of 2025, the bank projects that the U.S. will be losing roughly

2025 Economic Outlook: Bank of America Forecasts

Bank of America

Bank of America, however, expects nonfarm payroll gains to be cut in half in Q4 of 2025 and turn negative in 2025. During the first quarter of 2025, the bank projects that