'We're at a tipping point:' What to expect from the jobs report on Friday | CNN Business

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Weekly jobless claims came in higher than expected

But that once high-octane ride is showing some signs of wear and tear amid the Federal Reserve’s yearlong efforts to cool inflation by suppressing demand. Job cuts are mounting, hiring activity is losing momentum, and uncertainty is simmering as to how the banking sector’s recent tumult could ripple through the economy.

Weekly claims totaled 228,000, down from the upwardly revised total the week before but above economists’ expectations of 200,000. . Potential red flags The overall strength of the job market — and ongoing demand in underemployed industries like leisure and hospitality as well as health care — more than offset the losses seen in tech and finance. There still remains uncertainty about the extent to which those and other layoffs may ripple through the broader labor market.

 

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has on it front page an apocalypse which is all a damn LIE with this Prediction Bull. Guy’s everything is Fine I see I. The front page of CNN a full made up attack

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