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 and how bad inflation will become. Watch the video above for more information.
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