Unemployment on rise in Washington (AI-image) US capitol Washington DC maintained the nation’s highest seasonally adjusted unemployment rate for three consecutive months, according to recent Bureau of Labour Statistics data released on Tuesday.The District’s July unemployment rate reached 6%, primarily due to extensive federal workforce reductions implemented by President Donald Trump‘s Department of Government Efficiency. The declining international tourism, a …
Read More »Tag Archives: international tourism decline
US to lose billions? Weakening travel demand could cost economy, warn analysts – Times of India
AI-generated representative image Declining travel demand, evidenced by disappointing earnings projections from major travel companies, could lead to significant economic losses for the US this year. Analysts point to the impact of the Trump administration’s trade policies on consumer confidence, as reported by Reuters.JP Morgan claimed in a recent note that rising anti-American sentiment may be contributing to a decline …
Read More »US travel sector may lose billions in major slowdown as Donald Trump’s tariff policies hit tourism – Times of India
This is an AI-generated image, used for representational purposes only. US travel sector faces major slowdown as Donald Trump’s tariff policies hit tourism, consumer sentimentThe US economy may lose tens of billions of dollars in 2025 as weakening travel demand, driven by declining international tourism and softer domestic spending, casts a shadow over the services sector, reported Reuters.Analysts warn that …
Read More »