Jobs Need To Slow Or A Recession Will Occur

<p>"The consumer is feeling near-term relief. Inflation and gas prices have started to ease. Wage pressures have not started to fall yet and the labor market remains a sign of strength. This is a temporary calm before the storm as the Federal Reserve will continue to be aggressive. The consumer is entering 2023 in a weaker financial position than they entered 2022. This means that there is limited resilience and we are close to tipping the economy into a recession," says John Leer.</p>