A Republican victory in both the House of Representatives and Senate would give President Donald Trump greater scope to advance his administration’s tax, spending, immigration and regulatory priorities. (AP Photo/Nam Y. Huh, file)
\n\nThe US job market could face different pressures after the November 3 midterm elections, with the outlook for hiring, wages and industry growth depending partly on which party controls Congress. However, economists and industry experts caution that a change in congressional control would not automatically lead to an immediate improvement in employment.
\n\nAccording to a Newsweek analysis published on October 23, the US economy has become a central issue for voters amid slowing job creation. Employers added just 29,000 jobs in September, down sharply from a revised increase of 133,000 in August, while the unemployment rate stood at 4.2 per cent, according to the US Bureau of Labor Statistics.
\n\nAn October Pew Research Center survey found that 84 per cent of registered voters considered the economy “very important” to their vote.
\n\nThe election could produce four broad scenarios: Republicans retaining control of both chambers of Congress, Democrats winning the Senate, Democrats taking both chambers, or Democrats gaining the House while Republicans retain the Senate.
\n\n1. Republicans Retain…
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