Middle East Conflict and Cooling Employment: March Nonfarm Payrolls May Increase by Only 60,000

The U.S. economy is showing signs of internal slowdown, with job vacancies falling to their lowest level since the pandemic and both consumption and hiring weakening. According to Jin10, the conflict in Iran has led to a surge in oil prices, exacerbating this trend and potentially triggering a 'demand-employment' negative cycle.