Tag: Inflation Impact
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Income Tax Threshold Freeze Could Push Half a Million Pensioners into Tax
Overview The upcoming Budget is under pressure to address how changes to the income tax system could affect millions of households. New analysis suggests that extending the freeze on income tax thresholds, a policy that keeps the point at which people begin paying tax unchanged for several years, could pull as many as half a…
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Analysis of the Weakening U.S. Job Market in 2024-2025
Understanding the Current State of the U.S. Job Market The U.S. job market has shown signs of significant weakening in 2024 and early 2025. According to revised data, employers added approximately 911,000 fewer jobs than initially reported from April 2024 through March 2025. This revelation raises substantial concerns about the health of the economy and…