Iran War Drains US Jobs, Hits Wallets Hard
March 31, 2026·about 1 hour ago·via National Today
The Iran war triggers an oil shock that's costing American workers 10,000 jobs a month, slamming leisure, hospitality, and retail hardest, as Goldman Sachs warns unemployment climbs to 4.6% by Q3 2026. Oil prices spike above $100 a barrel with the Strait of Hormuz closed, squeezing household budgets and risking stagflation if the conflict drags on past early April when mitigation measures expire. Read more about this...