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Recession

What corporate layoffs tell us about the economy

by Kristin Schwab
Sep 21, 2022
Gap is the latest company to announce layoffs. Downsizing among employers reflects shifting consumer habits.
Clothing retailer Gap plans to cut roughly 500 corporate jobs, following other large companies like HBO Max and Peloton.
Allison Dinner/Getty Images
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How long can the job market stay this hot?

by Reema Khrais and Richard Cunningham
Aug 29, 2022
Some laid-off workers are surprised at how fast they were able to find new positions, says Sarah Chaney Cambon of The Wall Street Journal.
"The job market is still this bright spot really and it's overall outperforming kind of the rest of the economy," said Sarah Chaney Cambon, an economics reporter for The Wall Street Journal.
Mario Tama/Getty Images
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Is housing in a recession or a reality check?

by Matt Levin
Aug 23, 2022
Trade groups say the industry is in recession, but prices are still high and foreclosures are low.
While prices are still high, home sales across the country have declined for six straight months.
Frederic J. Brown/AFP via Getty Images
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Economic Pulse

What's the prescription for potential recession-related anxiety?

by David Brancaccio and Jarrett Dang
Aug 23, 2022
One therapist and executive coach says that recession fears are prevalent, but there are ways to mitigate the anxiety.
Therapist and executive coach Angela Sasseville says that the pandemic and other factors have primed us to feel more anxious than before.
MIGUEL MEDINA/AFP/Getty Images
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Survey finds consumers feel a little better about the economy

by Savannah Maher
Aug 12, 2022
The University of Michigan survey shows improvement, especially among low- and middle-income consumers, who have struggled most with inflation.
Though sentiment is still a mixed bag, people are a bit more optimistic about the economic outlook.
Spencer Platt/Getty Images
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Layoffs may be on the horizon. Is the unemployment insurance system ready?

by Mitchell Hartman
Aug 4, 2022
States are upgrading antiquated technology. But there are still big disparities among states.
Though states are investing to upgrade unemployment systems, there are still wide disparities among their processes and the benefits they provide.
Saul Loeb/AFP via Getty Images
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How some small businesses are bracing themselves for a downturn

by Justin Ho
Aug 2, 2022
They aren’t waiting to find out whether the economy is contracting — they’re proactively preparing for it.
Whether closing down a physical storefront or holding off on new hires, some small businesses are prepping for a potential recession.
Frederic J. Brown/AFP via Getty Images
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Ad spending slowdown hits tech and social media firms, but not equally

by Sabri Ben-Achour
Jul 27, 2022
While ad revenue growth is slowing down, experts don't see a decline coming.
Google is expected to comprise 30% of total worldwide digital ad revenues this year, one analyst said. Meanwhile, Snapchat and Twitter are each expected to make up under 1%.
Robyn Beck/AFP via Getty Images
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The job market is slowing but not stalling out

by Mitchell Hartman
Jul 26, 2022
It's unlikely a crash in employment would prompt a recession. In spite of a slowdown in job creation, the job market remains relatively strong.
Angela Weiss/AFP via Getty Images
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This week's GDP number may show a shrinking economy. But that doesn't equal recession.

by Justin Ho
Jul 25, 2022
There are reasons to take a weak gross domestic product report with a big grain of salt.
Thursday’s report on gross domestic product may show a contracting economy, but recessions are typically determined by a wider range of data.
Spencer Platt/Getty Images
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