The Recession

U.S. Hiring Stayed Solid In September As Employers Add 263,000 Jobs

September’s slightly more moderate pace of hiring may be welcomed by the Fed, which has been trying to tame high inflation without causing a recession.
By Paul WIseman, AP

IMF Warns Of Higher Recession Risk And Darker Global Outlook

Kristalina Georgieva, the IMF's managing director, said the Russian invasion of Ukraine has dramatically changed the institution's projections on the economy.
By Fatima Hussein, AP

Fed Chair Jerome Powell Says He Doesn't Know If He's Causing A Recession

Powell spoke more candidly than before about the economic risks of hiking interest rates in order to reduce inflation.
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The Unemployment Insurance System Is Not Ready For The Next Recession

States are cutting back, and Congress is unlikely to step in even after the pandemic exposed the unemployment system's shortcomings.
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Sen. Warren Worried Fed Will ‘Tip This Economy Into Recession’

“Do you know what’s worse than high prices and a strong economy? It is high prices and millions of people out of work," the senator said of the Fed's impending hike.
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Days After ‘Recession’ Threshold Crossed, Biden Takes 500K Jobs Victory Lap

“There are more people working than at any point in American history,” Biden said of the new report, adding it signals recovery from pandemic job losses.
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Republicans Say Economy Is In Recession After It Added Half A Million Jobs In July

There are different ways of evaluating whether the economy is good or bad without making up new definitions of recession.
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We’re Not In A Recession, But We Could Be Soon

The Federal Reserve chair says some “softening of labor market conditions” is needed to cure inflation. What’s that mean?
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The Federal Reserve Can’t Fix Supply Problems, But It Can Make People Poorer

Economists warn of possible collateral damage as the central bank hikes interest rates to kill inflation.
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Janet Yellen Says Recession Isn't 'Inevitable' But Economy Likely To Slow

Economists have expressed concern that the Fed raising interest rates last week to reduce high inflation could trigger an economic decline.
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