• shalafi@lemmy.world
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    6 hours ago

    Stock market’s not crashing, but lord knows where it’ll end up. Unemployment is at 4.1% and that’s within a point of rock bottom. (It was 4.2% at the time of this idiot tweet.)

    If we’re not looking at the naissance of WWIII, we’re at least looking at a total realignment of geopolitics, with no upside for the US.

    • Substance_P@lemmy.worldOP
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      5 hours ago

      Well over 62,000 federal workers lost jobs across 17 agencies in February this year, it is estimated if DOGE layoffs continue at this trend total job losses could reach 500,000 by year-end, this obviously doesn’t represent the undocumented and the U.S. Bureau of Labor Statistics won’t / can’t track these statistics. I personally don’t believe that the unemployment rate is accurate at this point, we can only wait until the figures come out in early April.