Many economic indicators point to weakening economic momentum. Meanwhile, the US labor market continues to be very robust, which recently mitigated the immediate risks of recession in the United States.
![Very tight labor market in the USA Very tight labor market in the USA](https://blog.en.erste-am.com/wp-content/uploads/2022/08/kevin-rajaram-qhixFFO8EWQ-unsplash-370x210.jpg)
Many economic indicators point to weakening economic momentum. Meanwhile, the US labor market continues to be very robust, which recently mitigated the immediate risks of recession in the United States.