The Spicy Affair between the Unemployment Rate and Recessions
We received many questions since the Coronavirus crisis started. Among them we find,
Are we in a recession?
Is it time to invest in real estate?
In order to answer this, we use the unemployment rate behavior together with other indicators.
The monetary policy recipes applied since the end of the 2008 crisis baked an optimal scenario for a recession, where the coronavirus lighted the dangerous credit bubble wick. We can expect an increase in the unemployment rate and a drop in GDP and interest rates. To the question of how long can this last? We will find an answer in this article.Back to Blog