Group 1 - The trade war is impacting the U.S. consumer market as new tariffs on hundreds of billions of dollars' worth of goods will increase retail prices [1] - The resumption of federal student loan repayments will affect 5 million borrowers, leading to immediate wage garnishments and tax refund intercepts [1] - A wave of layoffs is anticipated in the U.S. port and freight industries due to reduced orders from importers seeking to avoid tariffs, resulting in a significant drop in container throughput [1] Group 2 - The federal government is experiencing a growing wave of layoffs, with thousands of positions already cut across various agencies, including postal and agricultural departments [1] - The underground labor market is expanding as the Department of Homeland Security and ICE are enforcing stricter immigration policies, impacting industries reliant on low-wage workers [1] - Inflation and rising unemployment are creating a stagflation scenario in the U.S., complicating monetary policy for the Federal Reserve [2]