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News in English (USA) / 24.02.2025 / 22:00

Concerns Rise Over U.S. Economic Stability Due to Mass Layoffs and Spending Cuts

Recent mass layoffs linked to the DOGE initiative and cuts to the federal workforce are raising alarms among economists regarding the potential for a deep recession in the U.S. economy. Analysts from Apollo have highlighted that these job reductions may not only affect public sector stability but could also lead to a ripple effect impacting private sector growth and overall economic health. With spending cuts and significant workforce reductions, many fear that U.S. stocks face unprecedented uncertainty. Economists are starting to worry about near-term consequences, suggesting that the current job purge might be just the tip of the iceberg in terms of its economic implications. As discussions continue around the implications of these layoffs, many experts are left questioning the future trajectory of the U.S. market.
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