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Unemployment Rate and Recessions Over 70 Years

The unemployment rate has a large impact on whether U.S. economists determine the country is in recession.

In fact, in recent decades, levels of employment and real personal income are two measures that carry the most weight when a recession is declared by the National Bureau of Economic Research (NBER).

Unemployment Rate and Recessions


Tags: economics, U.S. economy, uneployment, recession

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