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Stock impact report

Bank of America releases jobs forecast ahead of unemployment report [Yahoo! Finance]

Bank of America Corporation (BAC) 
Last bank of america corporation earnings: 4/15 06:45 am Check Earnings Report
US:NYSE Investor Relations: investor.bankofamerica.com
Company Research Source: Yahoo! Finance
Unemployment has risen and is significantly above the levels seen in 2023, while inflation has rebounded since April due to President Trump's tariff policies. In October, the U.S. unemployment rate increased to , up from in April 2023, according to the Bureau of Labor Statistics . Meanwhile, CPI inflation was in September, the most recent month available due to the Washington, D.C. shutdown this fall, up from in April, before most tariffs went into effect. The result has been cash-strapped consumers, declining consumer sentiment, and downbeat surveys on holiday spending plans. The Conference Board 's Consumer Confidence Index fell 6.8 points to 88.7 in November, as Americans' opinions on the labor market, inflation, and spending retreated to the lowest levels since spring, when higher-than-expected tariff proposals took a toll on sentiment. Clearly, the situation isn't overly rosy for the U.S. economy. On Dec. 16 , we'll find out if there are signs that things are improving wh Show less Read more
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