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Why a 2022 Recession Would Be Unlike Any Other?

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. Wall Street Journal’s Jon Hilsenrath has coined it a “jobful downturn.”

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