Economists Warn US Close To 'Stall Speed' And Could 'Tip Over Into Recession' On Disappointing Jobs Report

About Economists Warn US Close To 'Stall Speed' And Could 'Tip Over Into Recession' On Disappointing Jobs Report

The July Jobs report released by the Bureau of Labor Statistics has raised concerns among economists, suggesting the US labor market is weakening. Sharp downward revisions indicate a slowdown in employment growth, pushing the economy toward a potential stall speed. Analysts warn that this decline could lead to a recession if the trend continues. The report's disappointing figures highlight economic fragility and the possibility of a downturn amid ongoing uncertainties.