Recession 2024 Predictions. In that scenario, employment would be 9% lower than baseline by 2028 and inflation would surge to 9.3% by 2026. Recent data shows easing inflation and a steady decline in jobless claims in recent weeks, but the labor market and the economy aren't out of the woods, bca.
A widely predicted recession never showed up. Economists are butting heads over whether the u.s.