“Does Walmart say, ‘We have less demand in our stores — let’s extrapolate that out and assume we’re going to have less demand in 2026 than in 2025, and we’re going to build less, hire less, expand less’?” said Wendy Edelberg, a former chief economist at the Congressional Budget Office. “All of that can create its own momentum for a downturn.”

#useconomy
#jobs
#workers
#immigration

https://www.nytimes.com/2026/04/03/business/economy/population-growth-immigration.html?unlocked_article_code=1.YFA.M7rc.Raphrhe7yx9U

Jobs and Workers Are In Balance. Nobody Is Happy About It.

Lower immigration has brought labor supply in line with shaky demand, but economists worry that such a slow-moving job market is at risk of toppling over.

The New York Times