slowdown

Worries about a trade war and a slowdown in the global economy Tuesday led to the Standard & Poor’s 500 index falling 1.2%, the Dow Jones industrial average sliding 1.6% and the Nasdaq composite slipping 0.4%.

Researchers point to a variety of reasons behind the slowdown since 2011.

For lower-wage workers who may see a slowdown, Schwarz says he has encouraged them to take a sick day or paid time off if they can do so without endangering their job.

A dramatic slowdown in the Chinese economy following the pandemic has played a role in the downturn, as the yuan declines and parents worry about the rising cost of a U.S. education.

A number of studies have pointed out that depression and anxiety disorders are growing among Chinese people, and Prof Fang believes the country's economic slowdown, high unemployment and Covid lockdowns have played a role.