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-0.000492368291482105 -0.00196947316592825 0.000492368291481931 -0.00147710487444614 -0.0064007877892665 0.0113244707040867 0.00246184145741 0.0147710487444607
Stock impact report

Why unemployment will likely rise whether or not there's a recession [CBS News]

Sprinklr, Inc. Class A (CXM) 
Company Research Source: CBS News
With the crypto bubble popping , technology companies pulling back on hiring and consumers increasingly skittish about spending, economists believe that the historically low unemployment rate is likely to go up — recession or no recession. The Federal Reserve made that much clear last week when it hiked interest rates by — a move designed to tame inflation as well as loosen the job market, which the Fed sees as tilted to an unhealthy degree in favor of workers. While a rise in unemployment doesn't necessarily mean a recession, it does signal that the job market is shifting. Here are the biggest indicators that change is on the way. It's part of the Fed's plan Federal Reserve Chairman Jerome Powell has cautioned that a sharp rise in unemployment may be coming as the Fed hikes its interest rates at the fastest pace in 25 years . Speaking at a central bankers' forum in Sintra, Portugal, on Tuesday, Powell said there was "no guarantee" the Fed could raise rates just enough to slow Show less Read more
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