Economy

Here’s where the jobs will be during the rolling recessions

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A Now Hiring sign is seen inside a WholeFoods store in New York City.

Adam Jeffery | CNBC

Recession-like conditions rolling through the U.S. economy are likely to cause more ripples through an otherwise strong jobs market.

“Rolling recessions” has become a popular term these days for what the U.S. has faced since a slowdown that started in early 2022. The term connotes that while the economy may not meet an official recession definition, there will be sectors that will feel very much like they are in contraction.

That will be true as well for the jobs market, which overall has been strong but has seen weakness in sectors that could intensify this year, according to data from popular…



Source cnbc.com

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