The number of Americans filing for jobless claims last week remains at
the highest level in 8 months
...
...
"There are early warning signs in the labor market," said Navy Federal
Credit Union's chief economist, Heather Long. "If layoffs worsen this
summer, it will heighten fears of a recession and consumer spending
pullback."
...
In reporting their latest earnings, many companies have either trimmed
their sales and profit expectations for 2025 or not issued guidance at
all, often citing President Donald Trump's dizzying rollout of tariff announcements.
https://apnews.com/article/unemployment-benefits-jobless-claims-layoffs-labor-94491d0196b5761c718658325f6205d4
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