If companies stop hiring due to fears of an upcoming recession, unemployment goes up and they trigger a recession. This is why they have to keep the economy messaging positive. If you tell companies to prepare for a POSSIBLE recession you can very easily trigger a recession. It’s a self fulfilling prophecy.
If companies stop hiring due to fears of an upcoming recession, unemployment goes up and they trigger a recession. This is why they have to keep the economy messaging positive. If you tell companies to prepare for a POSSIBLE recession you can very easily trigger a recession. It’s a self fulfilling prophecy.