Are We Going To Have A Recession In 2025 . Grant Thornton Layoffs 2025 Anthony K. Geoghegan One of the most important hallmarks of the American economy, the labor market has shown some cracks in early 2025 as job creation slowed and layoffs spiked, but. A recession is characterized as a widespread and significant decline in economic activity for multiple months
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The Covid-19 pandemic aside, we have not had a major economic recession since 2008 in the United States. Looking ahead, the probability of a recession happening by the end of 2025 remain unchanged at 45%
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