The U.S. economy might be on the brink of an unforeseen recession, according to a prominent economist, who has raised concerns about the recent spike in the unemployment rate. What Happened: The unexpected rise in the unemployment rate, from 3.7% to 3.9% in February, has sparked fears of a potential recession. Economist David Rosenberg highlighted that this increase could disrupt the “soft landing narrative” and potentially lead to an unanticipated recession, reported Business Insider. “Now that the jobless rate is up 0.5 of a percentage point from the January 2023 cycle low, it messes up the …
