Inflation Interest Rates And Jobs: How Today s Economy Compares To Recessions Of The Past

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What's happening
There's still debate about whether the US economy is officially headed into a recession, but the economic downturn is causing widespread stress.

Why it matters
Periods of financial volatility and market decline can drive people to panic and make costly mistakes with their money.


What's next
Examining what's happening now -- and comparing it with the past -- can help investors and consumers decide what to do next.





Facing the aftershocks of a rough economy in the first half of 2022, with , rising , soaring and a , leading indicators of a have moderated slightly in the past month. That could mean the economic downturn won't be as long or brutal as expected. 
Still, the majority of Americans are  and anxiety over jobs. The country has experienced two consecutive quarters of economic slowdown -- the barometer for measuring a recession -- even though the National Bureau of Economic Research hasn't made the "official" recession call.  

At a time like this, we should consider what happens in a recession, look at the data to determine whether we're