Adam M. Lippert on Recession-Proofing Personal Finances

Published: Feb. 2, 2023

To identify where unemployment claims are decreasing the most, even amid costly inflation, this article compared the 50 states and the District of Columbia based on changes in unemployment claims for several key benchmark weeks. Broadening the scope, Assistant Professor of Sociology Adam M. Lippert was asked what people can do to prepare for a potential recession, he replied, “Control what you can by investing in yourself and limiting unnecessary spending. Upskilling can help protect your job, and ensuring sufficient cash reserves will help you weather any unexpected economic storms.”

States Where Unemployment Claims Are Decreasing the Most
WalletHub, January 19