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There's a sign flashing in the labor market that the US may be slipping into a recession

December 13, 2024 Robert Harrington

A historically reliable indicator of a coming downturn is flashing in the US job market — one that's led to a recession in every instance for nearly the last 75 years, Société Générale told clients this week.

The European bank has been warning of a potential recession in the US, and is now sounding the alarm on a signal in the labor market. READ MORE

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