The U.S. Labor Market Is Weakening. These 2 Dividend Stocks Look Built to Weather a Recession
These stocks can help you withstand (almost) any storm.
Overview
The U.S. Bureau of Labor Statistics recently released the July 2026 Jobs Report. It was much weaker than anticipated, with hiring weakening considerably, as employers cut 23,000 jobs during the month. For some people, this development renewed fears that a recession is coming. We can't know for sure that it is. However, given a weak jobs report, lingering geopolitical tensions, and relatively high inflation, it certainly isn't outside the realm of possibility. It's always a good idea for investors to be prepared for a recession, and investing in robust, dividend-paying companies can help them do that. Here are two to consider: Johnson & Johnson (NYSE: JNJ) and Abbott Laboratories (NYSE: ABT).
Image source: The Motley Fool.
Johnson & Johnson has had a great year. Its financial results have been strong despite some headwinds, including biosimilar competition for some products and the impact of government-led drug price negotiations. The healthcare giant's ability to navigate these problems speaks volumes about the strength of its underlying business. And if a recession hits, Johnson & Johnson should be just fine.
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Originally published at www.fool.com.