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2min chapter
"It Will Feel Like A Recession" When Unemployment Hits 4.5% By Year-End | Bloomberg's Anna Wong
Thoughtful Money with Adam Taggart
Intro
The chapter delves into the likelihood of a recession due to the forecasted unemployment rate reaching 4.5% by the year's end, potentially meeting recession criteria. Even if the NBER does not declare a recession, the public sentiment towards a recession remains noteworthy, with a detailed analysis of economic indicators such as GDP growth and rising unemployment rates presented.
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