Accra, Ghana - Figures from the United States dey show say jobless benefits applications no change last week, e still dey the higher side as people dey worry about how trade wahala dey affect things.
According to report wey Labor Department give on Thursday, new applications for jobless benefits be 248,000 for the week wey end June 7. Experts bin predict say e go be 244,000 new applications.
Last week, jobless claim applications be 248,000, wey be the highest since October. This dey show say people dey lose their jobs more than before.
Normally, weekly applications for jobless benefits dey show how people dey lose jobs for U.S. Since COVID-19 shake the economy five years ago, e dey bounce between 200,000 and 250,000, wey be normal number.
When companies dey give their report, many of them don reduce how much money dem expect to make for 2025 or dem no even give any number at all. Dem dey blame President Donald Trump for how he dey announce tariffs anyhow.
Even though Trump don stop or reduce some of the tariff things, people still dey worry say the global economy fit slow down because of tariff, and e fit spoil the good job market wey U.S. get.
Federal Reserve Chair Jerome Powell talk say e fit be say people go lose jobs and price of things go go up, wey be unusual thing wey go make am hard for the central bank to control price and keep unemployment low. Powell talk say tariff don make consumer and business people no dey happy.
What Dis Mean For Ghana?
Even though the figures dey come from the US, e dey important make we for Ghana pay attention. If the global economy dey slow down because of trade wahala, e fit affect Ghana too. We need to be ready for any wahala wey fit come our way.
How We Fit Prepare
- Government need to diversify our economy so say we no go depend too much on one thing.
- Businesses need to be smart and look for new markets.
- People need to learn new skills so say dem go get better chance for job.