[mattmaroon]

Recession is a term with a very defined meaning and that meaning does not include employment at all.

[aesh2Xa1]

It does include employment. It's discussed in terms of "employment" or "jobs" thresholds and trends.

https://en.wikipedia.org/wiki/Recession

> In the United States, a recession is defined as "a significant decline in economic activity spread across the market, lasting more than a few months, normally visible in real GDP, real income, employment, industrial production, and wholesale-retail sales."[4] The European Union has adopted a similar definition.[5][6]

[MangoToupe]

Yes, more accurately we're in the middle of an extremely shitty economy for everyone but stockholders

[carlosjobim]

We've been in a global economic depression for more than a decade already.

[jalapenos]

Does feel like that

[whobre]

Recession is officially whatever NBER says it is and it doesn’t have a well defined meaning.

[kasey_junk]

Also it’s by design a trailing designation. You will be in (and possibly out) of a recession before NBER declares one, by definition.

[_fizz_buzz_]

This is actually a good read: https://www.nber.org/research/business-cycle-dating

Employment is an important indicator according NBER.