Post
Topic
Board Economics
Merits 4 from 1 user
Re: U .S to lose over seven Million jobs aimed Trade war by the end of 2025
by
Alpha Marine
on 29/05/2025, 18:49:39 UTC
⭐ Merited by pooya87 (4)
Between the two of us, one of us did not understand the article you posted well.
First of all, the seven million jobs aren't in America alone. It will be disastrous if seven million people lose their jobs in one country in a year alone.

From your article
Quote
The International Labour Organization (ILO), a UN agency, predicts in a report released Wednesday that 53 million jobs will be created worldwide in 2025 — 7 million fewer than previously thought — owing to a shakier economic outlook caused by trade disruptions and geopolitical tensions.

Secondly, the seven million jobs aren't people losing their jobs per se, it means seven million fewer jobs will be created because companies will not likely want to hire more people or expand in this regard. The estimated number of jobs to be created this year is down by 7 million due to the tariff crisis.