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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 Lines: 14 Message-ID: <vpq26o$3643e$1@dont-email.me> Reply-To: JAB <here@is.invalid> MIME-Version: 1.0 Content-Type: text/plain; charset=us-ascii Content-Transfer-Encoding: 7bit Injection-Date: Thu, 27 Feb 2025 17:00:25 +0100 (CET) Injection-Info: dont-email.me; posting-host="218491edfd64794ed2876a62e594e001"; logging-data="3346542"; mail-complaints-to="abuse@eternal-september.org"; posting-account="U2FsdGVkX1/6xfOvm6M9preB43JPHjML" User-Agent: ForteAgent/8.00.32.1272 Cancel-Lock: sha1:3UNjmaDnz0AKgNeXawByFUTjmfQ= 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...