Past economic cycles show that unemployment starts to tick up ahead of a recession, with wide-scale layoffs coming only later. Labor and Jobs, Layoffs and Job Reductions, Hiring and Promotion, Recession and Depression, Unemployment, United States Economy, Economics (Theory and Philosophy), Coronavirus (2019-nCoV) Past economic cycles show that unemployment starts to tick up ahead of a recession, with wide-scale layoffs coming only later. NYT > Business
Why Low Layoff Numbers Don’t Mean the Labor Market Is Strong
