Jobless claims spike, in worrisome sign for the US labor market
...
...
...
"The risk here is that you get a knock-on effect of individuals that
lose their job and don't find a new occupation in a different sector,
and for those jobs, those individuals, they suddenly have to rely on unemployment payments, and they're likely to scale back on their
outlays, and that will then, in turn, affect broader economic
activity," he said.
https://www.cnn.com/2025/02/27/economy/us-jobless-claims-layoffs/index.html
Make America Poor Again....with tax cuts for the 1% and corps...
--- SoupGate-Win32 v1.05
* Origin: fsxNet Usenet Gateway (21:1/5)