I found this sentence on a website:
"With the current economic crisis looming overhead, manifested in part by job layoffs and hiring freezes, it might be discouraging looking for employment during these bleak times. " (taken from
http://sfplmagsandnews.blogspot.com.au/2009_05_01_archive.html)
What does "looming overhead" mean in this context? I assume it doesn't mean "likely to happen soon" as it says the crisis is "current".
Cheers