KNOWLEDGE is POWER / REAL NEWS is KEY
New York: Sunday, May 04, 2025
Β© 2025 U-S-NEWS.COM
Online Readers: 332 (random number)
New York: Sunday, May 04, 2025
Online: 330 (random number)
Join our "Free Speech Social Platform ONGO247.COM" Click Here
Politics: spring break spike or warning sign? jobless claims jump

POLITICS: Spring Break Spike Or Warning Sign? Jobless Claims Jump As Economy Sends Mixed Signals – One America News Network

πŸ”΄ Website πŸ‘‰ https://u-s-news.com/
Telegram πŸ‘‰ https://t.me/usnewscom_channel

OAN’sΒ Alicia Summers
10:17 PM – Friday, May 2, 2025



Jobless claims just hit a several-month high, rising by 18,000 according to the Labor Department. Bloomberg attributes the spike to a β€œspring break surge,” while continuing claims also ticked up to 1.9 million. Despite the bump, experts say there’s no reason to panicβ€”layoffs are still historically low, and many companies are staying in wait-and-see mode due to ongoing tariff uncertainty. Dale Smothers of RDS Wealth Management says the broader economic outlook remains complex but not alarming. With new business investments, easing inflation, the Ukraine minerals deal, and potential tax cuts from the Big Beautiful Bill, there’s reason for cautious optimism. Still, concerns remain about a slight dip in GDP and the unknown impact of tariffs. Friday’s upcoming jobs report will be a key indicator of where we’re headed. For retirees and working Americans alike, strategic planning remains essential.

Share this post!





Source link



OnGo247
New 100% Free
Social Platform
ONGO247.COM
Give it a spin!
Sign Up Today
OnGo247
New 100% Free
Social Platform
ONGO247.COM
Give it a spin!
Sign Up Today