 Here's Mark Hamrick. Recession risks slightly elevated. I'm Mark Hamrick with a Bankrate.com personal finance minute. Recessions are a bit like car crashes with the economy. When they happen, they can have severe repercussions for individuals and households. Elevated unemployment, which can cause a domino effect, including a loss of income and worse, is part of that picture. Over the past few years, we've been contending with the perception that recession risks have been elevated.