Wednesday, August 30, 2023

We’re in a ‘Richsession.’ What’s That Mean for You?

Laid off office worker carrying box
Gorodenkoff / Shutterstock.com

Advertising Disclosure: When you buy something by clicking links on our site, we may earn a small commission, but it never affects the products or services we recommend. Fears of a massive recession appear to be fading. But it turns out we’re in a “richcession,” not a recession. On one hand, the unemployment rate is super low and there aren’t enough workers to fill jobs in the service industry.



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