Trump's Uncertain Recession Forecast

This is a news story, published by CBS News, that relates primarily to the National Bureau of Economic Research news.

unemployment news

For more unemployment news, you can click here:

more unemployment news

CBS News news

For more news from CBS News, you can click here:

more news from CBS News

About the Otherweb

Otherweb, Inc is a public benefit corporation, dedicated to improving the quality of news people consume. We are non-partisan, junk-free, and ad-free. We use artificial intelligence (AI) to remove junk from your news feed, and allow you to select the best business news, entertainment news, world news, and much more. If you like unemployment news, you might also like this article about

recession

. We are dedicated to bringing you the highest-quality news, junk-free and ad-free, about your favorite topics. Please come every day to read the latest recession fears news, business cycle news, unemployment news, and other high-quality news about any topic that interests you. We are working hard to create the best news aggregator on the web, and to put you in control of your news feed - whether you choose to read the latest news through our website, our news app, or our daily newsletter - all free!

Recessions

CBS News

•

Business

Business & Economics

What is a recession, and is the U.S. economy heading for one? Here's what economists say.

Summary

Nutrition label

81% Informative

A recession is generally defined as a broad-based, persistent decline in economic activity.

Four of the six signals tracked by the National Bureau of Economic Research point to continued economic expansion.

The nation's unemployment rate did tick up last month , to 4.1% from 4% .

But employers added 151,000 jobs, a sign that businesses are still seeking to hire.

Americans who carry debt on their homes and can't make minimum payments also can face foreclosure in a downturn, locking a generation out of building household wealth. "That's one reason why recessions are so damaging, because it's the least among us that get hurt the most when downturns come," Jacquez said..

VR Score

Informative language

Neutral language

Article tone

informal

Language

English

Language complexity

Offensive language

not offensive

Hate speech

not hateful