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#Post#: 12700--------------------------------------------------
US and General Economy 2025
By: jsmth321 Date: March 6, 2025, 12:39 pm
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US employers cut more jobs last month than any February since
2009 ..
HTML https://www.cnn.com/2025/03/06/economy/us-jobs-report-february-preview/index.html?utm_medium=social&utm_source=igCNN&utm_content=2025-03-06T12%3A59%3A28
"The Trump administration’s massive federal cuts and swelling
feelings of economic uncertainty helped fuel a recession-level
spike in layoff plans last month, new data showed Thursday."
- 172,017 jobs lost
- Increase of 103% vs 1 year earlier
Trump's first full month surely hurt jobs.
#Post#: 12715--------------------------------------------------
Re: US and General Economy 2025
By: jsmth321 Date: March 10, 2025, 1:40 pm
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Dow falls 900 points in market rout after Trump says he won’t
rule out a recession.
HTML https://www.cnn.com/2025/03/10/investing/us-stocks-drop-after-trump-says-he-wont-rule-out-a-recession/index.html
"Tesla stock is down more than 43% this year."
One upside is Musk is losing wealth in this process.
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