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inflation. we will ask a member of the council of economic advisors about rising recession fears. then, former president trump claims he has already made a decision on 2024, he is just not telling anyone yet. we asked rick scott how the timing of that decision will impact the republican party and midterms only on fox news sunday plus our panel breaks down ran neal fox news poll right now on fox news sunday. hello again from fox news in washington. president biden is back at the white house. sky high gas prices plaguing him here at home. new fox news polls show americans disapprove of...

inflation. we will ask a member of the council of economic advisors about rising recession fears. then, former president trump claims he has already made a decision on 2024, he is just not telling anyone yet. we asked rick scott how the timing of that decision will impact the republican party and midterms only on fox news sunday plus our panel breaks down ran neal fox news poll right now on fox news sunday. hello again from fox news in washington. president biden is back at the white house. sky high gas prices plaguing him here at home. new fox news polls show americans disapprove of...

Under lying that is an economy with the strongest labor market and generations spinning off numbers up 26%. >> let's talk gdp. it was negative in q1. it will be negative in q2. technically, that meets a recession. does the white house acknowledge we are technically in a recession. >> the technical definition is not two quarters of negative gdp but it has to do much more with a number of economic variables. actually doing better right now for payroll growth. they look at payroll growth. consumer spending. they are actually very strong on the payroll side and strong on the spending side as well....

With the strongest labor market and generations spinning off numbers up 26%. >> let's talk gdp. it was negative in q1. it will be negative in q2. technically, that meets a recession. does the white house acknowledge we are technically in a recession. >> the technical definition is not two quarters of negative gdp but it has to do much more with a number of economic variables. actually doing better right now for payroll growth. they look at payroll growth. consumer spending. they are actually very strong on the payroll side and strong on the spending side as well. in fact, one of the things we ...

Our cycle economic team. when we look at these numbers, do you think we should be more worried about the unemployment rate or about the labor participation rate? >> i would say the labor participation rate. it is uniquely depressed. and that's just not a monthly result. the 74,000 on the payroll side, that's a pretty anomalous number. most economists believe and i'm one of them that that number will be revised up as the bureau gets better information. but the trend in declining labor force participation has been a very long-term one and it biases the unemployment rate down. that 6.7 really isn...