US Labor Market Weakens Amid Rising Unemployment and Profit Declines
TL;DR Summary
The US labor market shows signs of weakening with rising unemployment claims, declining corporate profits, and increased economic uncertainty due to tariffs and trade disputes, suggesting potential for a slowdown but not necessarily a recession.
- U.S. Labor Market Cracking With Swelling Unemployment As Corporate Profits Plummet Allwork.Space
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- Rise in Recurring Jobless Claims Signals Higher US Unemployment Bloomberg
- US news: Jobless claims rise, layoffs remain low, economy contracts 0.2% Mint
- U.S. jobless claims rise sharply as corporate profits slump Honolulu Star-Advertiser
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