
Brace for a recession in 2023 as job losses top 2 million, Citi says
The group said in its latest outlook report published this week that the economy could lose an estimated 2 million jobs in 2023 as the jobless rate climbs to 5.25%.
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The group said in its latest outlook report published this week that the economy could lose an estimated 2 million jobs in 2023 as the jobless rate climbs to 5.25%.

The unemployment rate ticked slightly down in September thanks in large part to more people leaving the workforce, an indicator of coming economic trouble, experts say.

The president said prices at the pump are down “$1.30 a gallon,” and claimed the average price is “less than $2.99” in 41 states and Washington, D.C. In fact, zero states have an average price under $2.99 per gallon, 41 states and the District of Columbia have an average price under $3.99, not $2.99.

Why is the jobless rate so much higher in Democratic-run states?
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