The unemployment rate is low. The stock market is high. Consumer spending is healthy. But ask Americans how they’re doing, and you’d think we were in a recession.

Major companies are laying off thousands, but overall unemployment hasn’t budged. Even people with stable employment and high salaries are spooked. 2026-04-24 16:01:00 Justin Lahart

Continue ReadingThe unemployment rate is low. The stock market is high. Consumer spending is healthy. But ask Americans how they’re doing, and you’d think we were in a recession.