U.S. Labor Market Shows Signs of Softening and Recession Risks
TL;DR Summary
Moody's Analytics warns that the US economy is nearing a recession threshold, with the unemployment rate rising to 4.6% and the Sahm Rule close to triggering a recession signal, amid weak job growth, declining demand, and potential impacts from AI and policy factors.
- Sneaking unemployment rate means the U.S. economy is inching closer to a key recession indicator, says Moody’s Fortune
- Payrolls rose by 64,000 in November after falling by 105,000 in October, delayed jobs numbers show CNBC
- U.S. Labor Market Softened in October, November wsj.com
- America’s job market just got some troubling news CNN
- US economy flashes warning signs in new data, some analysts say ABC News
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