Trump slump warning: Jobs forecast collapses 64%.

America’s jobs market is bracing for a “Trump slump” as the president’s tariffs and immigration crackdown hammer businesses, economists have warned.

Over the next year, the US economy will add just 690,000 new jobs – 64pc less than the 1.9 million added across 2024 before Donald Trump took office, according to a forecast by Capital Economics.

Bradley Saunders, an economist at the consultancy, said: “Outside of the pandemic, the last time jobs growth was this low over a 12-month period was during the recession caused by the global financial crisis.”

https://www.yahoo.com/news/articles/us-jobs-market-facing-trump-060000538.html

Battered by artificial intelligence, employers worried about tariffs, and hamstrung by a lack of job and internship experience, many college graduates are fighting to secure jobs even as rents remain high and sizeable college debt payments loom.

The number of job listings for the entry-level corporate jobs traditionally available to young college graduates has fallen 15% even as the number of applications for each job has accelerated 30%, according to the career platform Handshake.

For the first time on record, joblessness among the highly educated has climbed above the overall unemployment rate, the Financial Times reports, noting the situation is worse for men, where unemployment has risen from less than 5% to 7 % over the past year, the news organization reports.

https://www.ctinsider.com/news/article/ct-college-grads-no-jobs-gen-z-20819196.php