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is America heading towards a recession we ask because us markets are jittery once again there was a selloff on Wall Street yesterday tech stocks took a heavy beating the Dow Jones and Samp;amp;P 500 are Americaamp;#39;s biggest stock benchmarks the largest stock benchmarks in the us both of them fell by over a percent investors are feeling nervous again theyamp;#39;re looking for a safy net some broad economic Trends are making them nervous there are signs of distress in the job market plus manufacturing is slowing down some fresh economic data has come out and that has heightened recession fears letamp;#39;s look at this data first we have employment more Americans are filing for unemployment benefits thereamp;#39;s a sharp spike in weekly claims theyamp;#39;ve crossed to 249,000 now this is for the week that ended on the 27th of July this year this number has fluctuated between 194,000 and 245,000 that has been the broad range but now unemployment benefit claims are abo