Comment on Americans running out of unemployment benefits and part-time jobs at record levels point to a recession coming, economist says

Americans running out of unemployment benefits and part-time jobs at record levels point to a recession coming, economist says

mathisworks/Getty ImagesThe job market is flashing signs the US is still headed for a hard-landing, Danielle DiMartino Booth says.The forecaster pointed to workers rolling off unemployment benefits, while part-time jobs have soared.Consumers could eventually pull back on spending, causing the US to tip into a downturn, she said.Developments in the labor market show that the US economy isn't on solid footing, according to Danielle DiMartino Booth.The veteran forecaster and QI Research founder pointed to continued signs of weakness in the US job market, zooming in on a few key areas that are flashing signs of trouble.

 

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