How a 2022 Recession May Be Unique

The Federal Reserve has said that a 2022 recession is possible. If a recession does occur, it may unlike any other. According to this Wall Street Journal article, nearly all U.S recessions experience a decreasing GDP with an increasing unemployment rate; however, in 2022, the GDP is decreasing, yet unemployment is going down. A reason for a healthy job market may be because COVID led so many people to retire. It is still unclear how the economy will adjust. Watch the video above for more information.


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