Labor market may skirt U.S. recession: NABE

  • 📰 FoxBusiness
  • ⏱ Reading Time:
  • 16 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 10%
  • Publisher: 53%

Canada News News

Canada Canada Latest News,Canada Canada Headlines

NABE's latest survey of economists showed the U.S. is likely to enter a recession next year as interest rates rise but the labor market may be spared.

Former Chase chief economist Anthony Chan discusses what the better-than-expected November jobs report says about the U.S. economy and inflation on 'Varney & Co.'

That's according to the results of a new survey published by the National Association for Business Economics on Monday, which showed 57% of respondents believe thein 2023 is greater than 50%. A 52% majority of economists who responded believe a recession will begin in the first quarter of 2023.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

kool ade

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 458. in CA

Canada Canada Latest News, Canada Canada Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Why the labor shortage is likely to continue in 2023 - Dallas Business JournalThere are just a small number of cracks in an otherwise strong market for employees. Experts say it will affect employers' hiring in 2023.
Source: DallasBizNews - 🏆 525. / 51 Read more »

Why the labor shortage is likely to continue in 2023 - Phoenix Business JournalThere are just a small number of cracks in an otherwise strong market for employees. Experts say it will affect employers' hiring in 2023.
Source: phxbizjournal - 🏆 254. / 63 Read more »

Why the labor shortage is likely to continue in 2023 - San Francisco Business TimesThere are just a small number of cracks in an otherwise strong market for employees. Experts say it will affect employers' hiring in 2023.
Source: SFBusinessTimes - 🏆 78. / 68 Read more »