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 … Read more

Economic Conditions

Economic Conditions

What Are Economic Conditions? Economic conditions seek advice from the current state of the economy in an exceedingly country or region. These conditions change over time together with the economic and business cycles, as an economy goes through periods of expansion and contraction. Economic conditions are considered to be sound or positive when an economy … Read more