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Story perspectives

Social Media Buzz: Recession Indicators and Gig Worker Surge

6/11/2025

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Story summary
  • Recession indicators are trending on social media, particularly TikTok and X.
  • Traditional signs include sales of men's underwear, cardboard boxes, and frozen pizza.
  • Goldman Sachs estimates a 17% chance of recession in the next year, a decrease from previous forecasts.
  • Taskrabbit reports a 15-20% rise in gig worker applications amid economic uncertainty.
  • Predicting a recession remains complex due to various influencing factors.