A new recession is shaping up for the U.S. economy.
And we’re starting to see some serious signs of weakness.
We spoke with senior economist Brian Wieser to see how the recession is beginning to shape up.
We’ll share more of his thoughts below.
Brian Wieder: A lot of people don’t realize how bad things have gotten.
You see the housing market, and people are getting worried.
We’ve got to have a sense of optimism.
What is the economy doing right now?
Brian Wierser: The labor market is actually doing really well.
We are still having an unemployment rate below 4 percent.
So it is an expansionary economic growth period.
The job market is improving.
It is expanding.
The unemployment rate is at 4 percent and is actually going down, which is good.
We’re also seeing that people are actually beginning to be worried about their future.
We know that there’s a long list of things that they’re worried about, but they’re not quite sure what they’re going to do about it.
So we’re beginning to see signs of the economy starting to slow down a little bit.
But we’re not there yet.
We have some very strong jobs, especially in agriculture and construction.
And those are areas that we’ve seen strong growth.
The labor force participation rate, a measure of the participation rate of the working age population, is also up slightly, which helps to support the recovery.
There’s been some strong growth in healthcare.
We also have a growing economy, and we’ve been able to reduce some of the economic inequality that we had in the past.
So I think that it’s all coming together.
Is there any reason to be concerned?
You know, the economy has done better than most of the people expected.
I mean, the stock market is doing very well, and it’s really doing well.
So in fact, the unemployment rate has actually gone down.
But, you know, there’s some concerns that it may take a while for things to really pick up.
Wiesers research has found that the labor market continues to expand, which makes it harder to predict the long-term trajectory of the unemployment numbers.
That is, we have to see if the economy really picks up in the coming months.
Is this a good time for a recovery?
I think there’s enough to support a recovery, especially as the unemployment number gets lower.
The biggest question is whether the recovery will last.
It has been an extended period of weakness, and there’s no question that that’s going to be a problem for the economy.
WIESERS research finds that the longer the recovery takes, the less likely it is that it will turn into an expansion.
It also finds that there is an acceleration in the recovery as the recovery picks up.
So, if we can pick up momentum in the next couple of months, that will likely lead to a recovery that will be stronger than the one we had.
I would like to see a recovery faster than that.
I know it’s not an easy time to be unemployed.
I understand that.
But I think we should be able to get a recovery going, and I think it is a good thing.
What’s happening to the economy?
WIESER: I think the economy is doing well in some ways, but it is doing poorly in other ways.
And it’s clear that we have a lot of very good news in this economy.
We had a decent year for consumer spending.
The number of Americans spending more money in the last six months was up.
And that’s an indication that the economy’s working better than we expected.
We were expecting a much weaker economy, but this year we actually got the second best annual growth since 1999.
The housing market has been very good.
And overall, the labor force is showing signs of picking up, as well.
The stock market has also done well.
There are signs that consumer spending is picking up as well, which could lead to stronger consumer spending, which would increase the economy and lead to some good news for the labor markets.
But it is hard to see an expansion in the housing markets, especially when we know that the unemployment is going to get lower.
What are the key factors in this recession?
WIEDERS: First, there are several key drivers.
The first is the Fed has been keeping interest rates very low for a number of years now.
This has meant that the financial markets have done a very good job of avoiding any increases in interest rates.
The Fed is trying to hold down rates so that the U:S.
dollar can keep rising, which means that it can make investments in the U, and that helps the economy, too.
And this is a big part of why the economy continues to grow.
But that means that we don’t have much