Is The U.S. Entering A Recession?

Published On: September 09, 2024 - Fears of a possible recession in the U.S. economy are rising after the latest U.S. jobs report, considered the most important of the year, failed to meet expectations. The U.S. non-farm payroll data for the month of August 2024 showed that the economy added 142,000 jobs, falling well short of industry forecasts of over 160,000. While this has generated hopes of bigger rate cut by the U.S Fed, the big question is whether the U.S. economy is entering a recession or not. News9’s Krishnakumar tells you more.