Jun. 12, 2025 3:50 PM ETWolf Richter4.77K Followers(5min)SummaryThe levels that entail a recession have risen over the decades as total employment has risen.The current level of Insured Unemployment is still historically low, and far below the Recession Marker for this year of about 2.7 million.Newly laid-off people are having a harder time finding a new job, than they did some months ago.Dilok KlaisatapornWhen does a recession start? In the US, the National Bureau of Economic Research (NBER), which calls the official recessions in the US, has always defined recessions as broad economic downturns that include downturns in the labor market, such as declines in employmentThis article was written byWolf Richter4.77K FollowersWolf Richter is the analyst at, and the publisher of, WOLF STREET, where he discusses business, finance, and money. Core focus: Federal Reserve, credits, equities, residential and commercial real estate, the auto industry, trade, consumers, and energy. He started this operation in 2011. Prior to that, he worked for 20 years in C-level positions, including 10 years in the auto industry. MBA from the University of Texas at Austin.CommentsRecommended For You