Culture & Society

More Americans file for jobless aid but layoffs remain low despite economic uncertainty over tariffs

时间:2010-12-5 17:23:32  作者:Health   来源:Opinion  查看:  评论:0
内容摘要:of a medical transport plane in Philadelphia, city officials said Tuesday.

of a medical transport plane in Philadelphia, city officials said Tuesday.

AP Business Writers Matt Ott and Elaine Kurtenbach contributed.DOLLOW, Somalia (AP) — Blindness heightens the remaining senses. The thud of a toppling camel is more jarring, the feel of tightening skin more acute, the smell of death thicker after weeks and months and then years without the rain that’s needed to survive.

More Americans file for jobless aid but layoffs remain low despite economic uncertainty over tariffs

Perhaps, as panic rose with the wind, Mohamed Kheir Issack and Issack Farow Hassan could even taste theIssack is 80, Hassan 75. The two men are friends and as close as brothers, gripping each other’s hands in their mutual darkness as tightly as they hold their canes. Near the end of their lives, thein more than half a century in Somalia has stripped them of their animals and homes.

More Americans file for jobless aid but layoffs remain low despite economic uncertainty over tariffs

The Associated Press first met them crouching together in the dust. They were among hundreds of people who had arrived in this border town in recent days, part of an unwilling migration that has seen more than 1 million hungry Somalis flee.EDITOR’S NOTE: This story was produced in partnership with the Pulitzer Center on Crisis Reporting. This story is part of an ongoing series exploring the lives of people around the world who have been forced to move because of rising seas, drought, searing temperatures and other things caused or exacerbated by climate change.

More Americans file for jobless aid but layoffs remain low despite economic uncertainty over tariffs

Somalia has long known droughts, but the climate shocks are now coming more frequently, leaving less room to recover and prepare for the next. Pastoralists and farmers who have known for generations where to take cattle, goats and camels when the usual water sources run dry have been horrified by this drought that has seen four straight rainy seasons fail.

“Droughts before were not like this. We were able to withstand them,” Issack said.“We heard more plans to mitigate tariff impacts than in prior months and than during 2018” from U.S. companies, including pre-ordering, shifting production and increasing prices for their own products, according to Bank of America strategist Savita Subramanian. But she also said in a report that she’s seeing “some indications of a pause: no hiring/no firing, no new projects/no cancellations etc.”

A fear is that Trump’s on-again-off-again tariffs may be pushing households and businesses to alter their spending and freeze plans for long-term investment because of how quickly conditions can change, seemingly by the hour.All told, the S&P 500 rose 3.54 points to 5,528.75. The Dow Jones Industrial Average added 114.09 to 40,227.59, and the Nasdaq composite edged down by 16.81 to 17,366.13.

So far, economic reports have mostly seemed to show the U.S. economy is still growing, though at a weaker pace. On Wednesday, economists expect a report to say U.S. economic growth slowed to a 0.8% annual rate in the first three months of this year, down from aBut most reports Wall Street has received so far have focused on data from before Trump’s “Liberation Day” on April 2, when he announced tariffs that could affect imports from countries worldwide. That could raise the stakes for upcoming reports on the U.S. job market, including Friday’s, which will show how many workers employers hired during all of April.

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