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Path: news.eternal-september.org!eternal-september.org!.POSTED!not-for-mail
From: JAB <here@is.invalid>
Newsgroups: misc.news.internet.discuss
Subject: knock-on effect
Date: Thu, 27 Feb 2025 10:00:22 -0600
Organization: A noiseless patient Spider
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Jobless claims spike, in worrisome sign for the US labor market 
....
....
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"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...