Iran War Slows U.S. Job Market, Unilever Freezes Hiring
Business & Finance News Today | 2 Min News | The Daily News Now! · The Daily News Now!
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Show Notes
Unilever joins the hiring freeze amidst Iran war tensions, as U.S. job market faces strain. February saw job cuts, and economists compare the situation to the tariff chaos of 2019. March jobs report expected to show around 60,000 new jobs, but the full impact of the war may not be felt until September. Higher oil prices could push unemployment up to 4.6% and hit sectors like travel, food service, and entertainment hardest.
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