#job-market-weakness

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World news
fromThe Atlantic
2 days ago

Trump Is Kicking the Economy While It's Down

Major downward revisions to economic data reveal approximately one million fewer jobs than previously reported, coupled with weak growth, elevated inflation, and potential oil supply disruptions from Middle East tensions that could trigger recession.
fromwww.npr.org
2 weeks ago

Oil surges to its highest price since 2023, and stocks drop after U.S. jobs report

A negative payrolls number combined with a big jump in oil prices will have traders worrying about stagflation risks. Stagflation is what economists call a stagnating economy combined with high inflation, and a separate report released Friday added to the sour mix after showing that U.S. retailers made less money in January than economists expected.
Business
Business
fromwww.npr.org
2 weeks ago

The U.S. unexpectedly loses 92,000 jobs, adding to worries about the economy

U.S. employers cut 92,000 jobs in February, unemployment rose to 4.4%, and job losses spread across factories, construction, federal government, and healthcare sectors.
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