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Military enlistment numbers provide yet another lens through which to understand economic distress. Higher enrollments often point to increased uncertainty in the job market, suggesting that individuals turn to military service as a last resort.
The Housing Market: A Complex Entity
Historically, recessions often tie in with the housing market. Signs of stress appear as housing prices fail to bounce back from previous dips, resulting in numerous sellers unable to find buyers at expected values. An increase in loan defaults or flexible rent payment options further indicates economic stress, leaving many to wonder about the future of homeownership.