A falling unemployment rate should allay fears of a recession, said Josh Wright, chief economist at iCIMS Inc., a maker of employee-recruiting software. “There were a lot of concerns that we were going to start rolling downhill and accelerating in the wrong direction, and the fact that we didn’t do that is itself a win,” Mr. Wright said. U.S. stocks rose on Friday after the jobs report helped ease market fears about an economic slowdown. The employment report, along with recent surveys hinting at manufacturing and service-sector activity weakness, are likely to keep open the possibility of a Federal Reserve interest-rate cut later this month . The Fed lowered its benchmark rate in July and September to cushion the economy against the risks of trade tensions and cooling global growth. Fed Chairman Jerome Powell in a Friday speech said the economy faces some growth risks but remains in a […]