eli5: Why are they telling me that there’s a recession coming when unemployment is low at 3.6 or .9 percent as of this last month?

Question

What the title says.

In: 0

Answer 1

Just because unemployment is low doesn’t mean there isn’t a recession coming. Recession is more to do with a decline in GDP. You can have an unemployment rate of 0% but still have declining GDP which means recession.