Employment: Private-Sector Job Creation at 91,000; Layoff Pace Slows - CNBC: "Despite the tepid pace of job growth, which is well below the amount needed to reduce the 9.1 percent unemployment rate, Joel Prakken, chairman of Macroeconomic Advisors, said the economy probably isn't in recession.
"Our best recession probability models say that the likelihood that we're actually in a recession right now is actually very, very small," Prakken told CNBC."
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