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0.5 million jobs in the USA are at risk in the federal downsizing whirlwind, as economists reflect on optimistic expectations.
The Trump administration drastically reduced the size of the federal government, prompting economists to rethink predictions that the labor market will continue to expand robustly by 2025. Bloomberg Economics estimates that thousands of federal positions have been cut in the six weeks since President Donald Trump took office. Companies like Comerica Bank, Evercore, and Barclays anticipate that the total layoffs could exceed 0.5 million by the end of this year. This figure includes the ripple effects in the private sector and will effectively erase a quarter of all job growth in 2024. The US is scheduled to release data on Friday.
Living Stone : thank you
104437220 :![undefined [undefined]](https://static.moomoo.com/nnq/emoji/static/image/default/default-black.png?imageMogr2/thumbnail/36x36)
104799076 : JOHNNY
Leroy Collyear : How how does this benefit us common folk?
103964377 : Gold price
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