Fuel costs and jobs ahead of midterms
Before the U.S. midterm elections, President Trump faces economic and political challenges. Data indicates a slowdown in the job market and rising living costs, particularly fuel prices that have surpassed $4 per gallon for gasoline and $6 for diesel, placing additional pressure on households and impacting inflation. In September, the job market added 29,000 non-farm jobs—significantly below expectations of around 90,000—while the unemployment rate rose to 4.2%. The government attributes the rising prices to the war with Iran, which has caused disruptions in energy supplies and supply chains, promising to resolve it soon to ease the burdens, while opponents blame pre-existing factors and external tensions for the situation. These developments ultimately position the economy as a key element in electoral considerations, with politicians and experts differing in their assessments of how current policies affect voters' lives, as rising fuel prices and a sluggish job market continue to influence voting decisions.
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