Return Offer Rates During a Reccession

The economy clearly isn't in the best of shape although the stock market seems to show that we're holding up pretty well. We already have 30-year inflation highs, the Russia-Ukraine war, and the fed wants to raise rates 5-7 times this year. I personally think this is going to slow growth in the economy and companies won't hire as much as they did during the pandemic. Wages have already shot up almost 15% and I don't think firms are going to overhire moving into a possible recession. This worries me because I think return offer rates are going to be a lot lower than in previous years at firms.

Is this true from what you have seen and from people that have had experiences going through the GFC or other downturns in the economy, what would you do to hedge if you were going to be a college graduate in the next year or interning at a firm this summer? This is really a question pertaining to markets but I'm posting on the IB forum because there's more traction.