Global Economic Slowdown and U.S. Job Market Woes

In today's episode, we delve into the World Bank's alarming report on the global economic slowdown, with growth projections at their weakest since 2008. We also explore the U.S. economic landscape, where the labor market is cooling amid inflation concerns and widespread layoffs in retail and tech sectors. Join us as we discuss the implications of these developments and the potential for future federal interventions. Sources: https://www.worldbank.org/en/news/press-release/2025/06/10/global-economic-prospects-june-2025-press-release https://media.un.org/unifeed/en/asset/d340/d3406275 https://www.worldbank.org/en/publication/global-economic-prospects https://openknowledge.worldbank.org/entities/publication/a2c8fea0-4059-490f-879f-4fda91c67313 https://www.bpc.cc/news/business-news/archive/article/2025/June/global-economy-set-for-weakest-run-since-2008-warns-world-bank https://www.theasset.com/article/54217/world-bank-warns-of-weakest-global-growth-in-17-years https://finimize.com/content/world-bank-lowers-global-growth-forecasts-amid-trade-tensions https://openknowledge.worldbank.org/entities/publication/a2c8fea0-4059-490f-879f-4fda91c67313 https://www.worldbank.org/en/publication/global-economic-prospects https://thedocs.worldbank.org/en/doc/8bf0b62ec6bcb886d97295ad930059e9-0050012025/related/GEP-June-2025-Analysis-EAP.pdf https://apiapsmiphacon2024.com/the-1000-stimulus-check/ https://www.marca.com/en/lifestyle/us-news/personal-finance/2025/06/10/68487490ca4741b77c8b45e6.html https://www.fingerlakes1.com/2025/06/12/irs-june-2025-payment-tracker/ https://economictimes.com/news/international/us/google-layoffs-2025-tech-titan-offers-buyouts-to-u-s-employeesare-layoffs-next-google-news/articleshow/121779133.cms https://www.the-independent.com/news/world/americas/store-closures-retail-layoffs-economy-b2767340.html https://fortune.com/2025/06/10/paramount-layoffs-june-2025/ https://techcrunch.com/2025/06/16/tech-layoffs-2025-list/ https://kleanindustries.com/insights/market-analysis-reports/recent-corporate-layoffs-major-company-cuts-2025/