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Will Rising Unemployment Trigger A Recession? | Michael Kantrowitz
Thoughtful Money with Adam Taggart
Analyzing Rising Unemployment Rates and Potential Economic Impact
The chapter delves into the implications of increasing unemployment rates on the economy, examining various employment data points and a rule created to predict recessions. While acknowledging the historical correlation between rising unemployment and recession, they discuss mitigating factors like fiscal spending and a flexible labor market that could lessen the impact. The conversation also touches on the impact of policies on wealth inequality and the use of financial asset prices to compensate for lack of fiscal stimulus.
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