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EXPLAINER: How do we know when a recession has begun?

Por: ABC News Business September 29, 2022

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WASHINGTON -- The economy shrank in the first half of this year, the government confirmed in a report Thursday, underscoring fears of a broad-based slowdown that could lead to a recession.At the same time, the number of people seeking unemployment benefits — a figure that often reflects the pace of layoffs — fell to a five-month low. The drop suggests that companies are holding onto their staffs, despite the slowdown in growth, and that... + full article



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