March 2023 / VIDEO
Labor Market Resilience Suggests Recession Is Not Imminent
Growth accelerated in late 2022, and data released so far in 2023 solidify the case that a recession is not imminent.
Growth accelerated in the second half of last year, and economic data released so far in 2023 solidify the case that a U.S. recession is not imminent. There have been pockets of softness in the labour market relative to last year, but overall it remains resilient.
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