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Economic Commentary

Podcast: US Job Growth Surges, Bolstering Economic Outlook Amid Recession Concerns

February 07, 2024
By Kathy Bostjancic
A podcast microphone.

Key Takeaways:

This month we saw that job growth posted a surprisingly strong increase, demonstrating again that the U.S. labor market is solid and poised to support broader economic growth.  This is also impacting our expectations on an upcoming recession.  Help answer questions from your clients by hearing our perspective on how we are increasing the odds of a soft landing from Nationwide’s Chief Economist Kathy Bostjancic and Senior Economist Ben Ayers.

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  • The information provided by Nationwide Economics is general in nature and not intended as investment or economic advice, or a recommendation to buy or sell any security or adopt any investment strategy.

    Additionally, it does not take into account any specific investment objectives, tax and financial condition or particular needs of any specific person. The economic and market forecasts reflect our opinion as of the date of this report and are subject to change without notice. These forecasts show a broad range of possible outcomes. Because they are subject to high levels of uncertainty, they will not reflect actual performance. We obtained certain information from sources deemed reliable, but we do not guarantee its accuracy, completeness or fairness.

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