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/