Is the U.S. Economy Really Heading for a Recession? Here’s What Economists Think

February 1st, 2023 by Chris Collier

Here’s the good news about the U.S. economy right now: Despite a wave of high-profile layoff announcements, most workers are still employed. Last week, the Bureau of Labor Statistics reported that the number of people filing for unemployment benefits fell to a nine-month low of 186,000. The unemployment rate remains at 3.5%, the lowest in a half-century. And there are about 10.5 million job openings.

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