Jobless Rate, Part-Time Surge
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last recessionHuffington Post
•Business
Business & Economics
The U.S. economy may be headed for a recession if Trump’s tariffs don’t work
73% Informative
The number of people stuck working part-time because of economic circumstances jumped by 460,000 last month .
In the leisure and hospitality sectors that reflect consumers having extra money to spend, 16,000 jobs were lost.
Since January , the economic policy uncertainty index has spiked 41% to a level, 334.5 , that in the past signaled a recession.
The president seems comfortable with the uncertainty that he’s generating, saying any financial pain from import taxes is a mere “disruption”.
Treasury Secretary Scott Bessent says he sees positive momentum in combating inflation.
He suggested a core problem is that the U.S. economy has become overly reliant on government deficits.
Still, interest rates on government debt are higher than they were last year in September .
Roughly 75,000 employees took the deferred resignation plan.
VR Score
77
Informative language
80
Neutral language
63
Article tone
semi-formal
Language
English
Language complexity
54
Offensive language
not offensive
Hate speech
not hateful
Attention-grabbing headline
detected
Known propaganda techniques
not detected
Time-value
short-lived
External references
12
Source diversity
2
Affiliate links
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