4 ms·
> It marked the biggest monthly job loss since October, when the US government shut down, and came amid concerns that a jump in oil prices sparked by the US-Isr
by roenxi 8mo ago
> It marked the biggest monthly job loss since October, when the US government shut down, and came amid concerns that a jump in oil prices sparked by the US-Israel war in Iran could threaten growth.
It seems like a stretch to say anyone was pro-actively fired on the speculation that a war could break out in the middle east; so the war is probably unrelated. That said, if the Strait of Hormuz stays closed for any length of time then something pretty drastic could happen to employment in the future tense.
- neogodless 8mo agoHeh to be pedantic about language, it could be argued that "came amid" just means "happened at the same time as." In other words "we have more bad news!" Much less so that "this caused that."