The Daily Money: A 2023 recession could hit the West and Northeast hardest

While the entire country would feel the pain of a recession, some regions would be harder hit than others. ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌  ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌  ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌  ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌

The Daily Money ALL THE MONEY NEWS YOU NEED TO KNOW   Thursday, January 26 Happy Thursday! It's Amanda Pérez Pintado with your Daily Money headlines.  Recession fears loom large. And even though the entire country would feel its effects, some regions would be hit harder than others, experts say.  The West would most likely be hit the hardest, while the Northeast and South would compete for second place, economists say.   The West is already feeling the pain of both the housing and technology slumps. Tech companies like Amazon and Meta cut thousands of jobs in 2022, and the wave of layoffs has continued into 2023. Meanwhile, areas like the Mountain West, which rode the housing boom, are seeing people leave as home prices and mortgage rates increase. How employers can help mitigate workplace violence risks Authorities say the Half Moon Bay shootings that left seven dead Monday were likely a case of workplace violence. Even though we may not be able to predict a mass shooting, there are steps an employer can take to help mitigate the risks of workplace violence. "OSHA doesn't mandate you have workplace gun shooting safety trainings in most workplaces today, but that might be something you as a workplace decide you want to do if you think there's a risk," said Andy Challenger, senior vice president of global outplacement and executive coaching firm Challenger, Gray & Christmas, Inc. Learn more about workplace violence and how to reduce the risks here. 📰 More stories you shouldn't miss 📰  Tech layoffs continue: IBM and SAP are the latest tech companies to cut thousands of jobs. Tax season: Everything you need to know to file taxes in 2023. Recession fears: The economy ended 2022 on a solid note, but the risk of a recession remains high. Dying at work: How Arizona fails to protect workers on the job. ✈️ Pack (and track) your bags ✈️ Do you put an AirTag in your luggage? AirTags, Tiles and other trackers can help ease anxiety over lost bags About The Daily Money Each weekday, The Daily Money delivers the best consumer news from USA TODAY. We break down financial news and provide the TLDR version: how decisions by the Federal Reserve, government and companies impact you. Current GDP hovers at 2.9% but recession risk is still high The economy grew 2.9% in the fourth quarter but a recession is still likely in 2023, experts say. Sharp Fed rate hikes are expected to take bigger toll Recessions explained: What's a recession? How long do recessions last? What is OASDI tax? Social Security tax explained. IBM, SAP latest tech companies to lay off thousands of workers See inside: Joshua Tree's 'Invisible House' on sale for $18 million Tesla posts record net income for fourth quarter of 2022 A recession in 2023 could hit West and Northeast hardest Dying at work: How Arizona fails to protect workers on the job Workplace violence: What employers can do to help mitigate risks Tax season is here: When to file, forms you need and what to know   Problem viewing email? View in browser Unsubscribe • Manage Newsletters • Terms of Service • Privacy Policy/Your California Privacy Rights • Privacy Notice • Do Not Sell My Info/Cookie Policy • Feedback © 2023 USA TODAY, a division of Gannett Satellite Information Network, LLC. 7950 Jones Branch Drive, McLean, VA 22102