Why a 2022 Recession Would Be Unlike Any Other | WSJ

#Recession #Economy #WSJ

https://youtu.be/WUKEYDep8as

Why a 2022 Recession Would Be Unlike Any Other | WSJ

Friday, July 15, 2022

Wall Street Journal

https://www.youtube.com/c/wsj

Is the U.S. in a recession? Many economists think that’s a possibility and by some measurements, it may have already started. But why aren’t people losing their jobs?

Recessions usually come with a dip in economic output and a rise in unemployment. Right now, economic output is falling. But so is unemployment. WSJ’s Jon Hilsenrath has coined it a “jobful downturn.” We look at past recessions and indicators to explain how a recession in 2020 could be very different.

Read more about this “jobful downturn” in The Wall Street Journal: https://www.wsj.com/articles/recessio...

More from the Wall Street Journal:
Visit WSJ.com: http://www.wsj.com
Visit the WSJ Video Center: https://wsj.com/video

On Facebook: https://www.facebook.com/pg/wsj/videos/
On Twitter: https://twitter.com/WSJ
On Snapchat: https://on.wsj.com/2ratjSM

#Recession #Economy #WSJ