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Kiplinger's Personal Finance

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September 2025

Worried about a recession? These steps to protect your job prospects will help you professionally whether a downturn develops or not.

- BY DIANE HARRIS

AS Labor Day approaches, U.S. workers don't seem to be in a celebratory mood, with rumblings about a possible economic downturn raising anxiety that layoffs will rise.

Nearly two-thirds of Americans recently polled by Lending Tree think a recession is coming. And 41% expect unemployment to increase over the next year, according to the Federal Reserve Bank of New York-a seven percentage point jump since January. Two in five workers are personally worried about losing their job in the next 12 months, a 2025 study by the American Psychological Association found.

Are they right to be concerned? Although private-sector hiring hit a two-year low this spring, unemploy ment has been holding steady at just over 4%. And many forecasters have moderated earlier ominous projections about the economy, with Wall Street firms such as Goldman Sachs and J.P. Morgan recently lowering their estimated risk of recession this year to 30% to 40%, from as high as 60% in April.

Still, history shows the job market is typically a lagging indicator, turning sour only after other parts of the economy have tumbled. And career experts note that conditions differ from industry to industrylayoffs have already been rising in the technology, finance and retail sectors-and the steps you take to strengthen your job prospects today will hold you in good stead no matter what happens to the economy.

"It's smart to prep while the sun is still shining," says Nancy Ancowitz, a career strategist in New York City. "Think of it as career insurance."

Job experts suggest that you make these moves now.

FLERE HISTORIER FRA Kiplinger's Personal Finance

Kiplinger's Personal Finance

Kiplinger's Personal Finance

Ciao, Italia! Eight Ways to Save on a Trip to the 2026 Olympics

WHETHER you're looking to experience breathtaking natural beauty in the Dolomite mountains or the urban buzz of a global design capital, northern Italy may already be high on your list of vacation destinations. Add in the chance to attend the Winter Olympics, taking place from February 6 to 22 in Milan and the Cortina d'Ampezzo ski resort, and you may be looking at a once-in-a-lifetime vacation.

time to read

4 mins

November 2025

Kiplinger's Personal Finance

Kiplinger's Personal Finance

My Quest for Higher Yields

MARKET action along with recent readings on employment and inflation imply the onset of a troublesome cycle: shrinking cash yields with negative pressure on returns for long-term high-grade corporate and Treasury bonds. Despite the knee-jerk Treasury-bond rally sparked by the dismal early-September jobs report, I expect interest rates to ascend sharply along the outer years of the yield curve—regardless of the Federal Reserve's imminent campaign to ease short-term rates.

time to read

2 mins

November 2025

Kiplinger's Personal Finance

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KIPLINGER 25 UPDATE

time to read

1 mins

November 2025

Kiplinger's Personal Finance

Kiplinger's Personal Finance

Smart Strategies for Paying Your Child an Allowance

By giving your kids money to spend and save, you'll help them sharpen their financial skills at an early age.

time to read

5 mins

November 2025

Kiplinger's Personal Finance

Kiplinger's Personal Finance

Take a Bite Out of Dental Costs

Many Medicare Advantage plans include dental care, but there are restrictions.

time to read

3 mins

November 2025

Kiplinger's Personal Finance

Kiplinger's Personal Finance

CHOOSE THE BEST CHARITIES FOR YOUR DONATIONS

While you set your giving strategy, think about your values, and select organizations that will put your contributions to good use.

time to read

10 mins

November 2025

Kiplinger's Personal Finance

A BROAD APPROACH TO INNOVATIVE TRENDS

KIPLINGER ETF 20 UPDATE

time to read

1 mins

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Kiplinger's Personal Finance

Kiplinger's Personal Finance

MANAGING MONEY FOR A LOVED ONE WHO CAN'T

Becoming a financial caregiver for an aging or ill relative will go more smoothly if you plan for the possibility in advance.

time to read

3 mins

November 2025

Kiplinger's Personal Finance

Kiplinger's Personal Finance

Guiding Families Through Life's Final Chapter

An end-of-life doula offers support to people who are dying as well as their loved ones.

time to read

2 mins

November 2025

Kiplinger's Personal Finance

Kiplinger's Personal Finance

RETIRING ON YOUR OWN? A GUIDE FOR SOLO AGERS

If you're single without adult children to rely on for help, planning for your older years requires an added layer of intention and urgency.

time to read

12 mins

November 2025

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