The Social Security COLA INCREASE Just Got BIGGER… Forecast 2024
2024 COLA Forecast: Yesterday the US Labor Department released a shocking September jobs report that included 336,000 jobs added to the US economy. This report exceeded expectations by nearly 100% as predictions sited 170,000 new jobs growth. This is an indication that inflation is hotter than expected and the CPI-W data from the Labor Department could move social security recipients COLA amount higher than the currently anticipated 3.2%. We are 5 days away from discovering the actual data readings and what beneficiaries of social security can expect in their increases.
https://www.fool.com/retirement/2023/...
https://www.cnn.com/business/live-new...
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