Rising unemployment in nearly half of US states points to a recession this year, one economist says. 21 states have seen a jump in joblessness over the last year, Piper Sandler's Nancy Lazar told BI. AdvertisementUnemployment has risen sharply in nearly half of US states, paving the way for a recession later this year, one top economist says. Piper Sandler's chief global economist, Nancy Lazar, highlighted 21 states to Business Insider where three-month average unemployment has risen by at least 0.5 percentage points over the past 12 months. This story is available exclusively to Business Insider subscribers.

---

Persons: Piper Sandler's Nancy Lazar, —, Piper Sandler's, Nancy Lazar Organizations: Service, Business Locations: joblessness