BUSINESS
February 28, 2022
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Unemployment and Recession—What’s the Relation?

Unemployment and Recession—What's the Relation?

Unemployment and Recession—What’s the Relation? Unemployment tends to rise quickly and sometimes remain elevated, during a recession. With the onset of the recession as companies face increased costs, stagnant or falling revenue, and increased pressure to service their debts they start to put off workers to decrease costs. The number of unemployed workers across many […]