4 ms·

You don't have recessions without job losses and unemployment claims: https://www.statista.com/statistics/193280/seasonally-adjusted-monthly-number-of-unemploy

• leereeves 4y ago
  First, is there any precedent for that restriction? And second, why not? If everyone still has a job but their wages have decreased, that's still an economic contraction, at least from the worker's perspective.