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U.S. Economy Grapples with Recession Warnings, Stagnant Job Market, and Shifting Policies
Stock Market News·2025-10-05 10:09

Key TakeawaysU.S. Job Market Stalls: September saw only 117,313 new job plans, marking the weakest hiring outlook in over a decade, while 54,064 job cuts were announced, contributing to a year-to-date total of 946,426 layoffs, the highest since 2020.Recession Warnings Intensify: Economist Mark Zandi warns that states accounting for one-third of U.S. GDP are already in or on the brink of recession, citing tariffs, a weak housing market, and slowing job growth.Tech Stocks Dominate Despite Bubble Concerns: Tec ...