Story perspectives
U.S. Economy Faces Recession Risks Amid Job Declines
11/29/2025
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Story summary
- Recent data from the Bureau of Labor Statistics and the Census Bureau indicates that the U.S. economy may be nearing a recession due to a sluggish job market and rising inflation.
- The economy added 119,000 jobs in September, but significant declines in other sectors particularly impacted women and Black women.
- Uncertainty regarding Federal Reserve interest rates is affecting investor sentiment, while consumers are experiencing the effects of tariffs, with companies passing on about 55% of tariff costs.
- A recent government shutdown has complicated the economic outlook by leaving some data unreleased.
