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  • How does recession affect unemployment?

    Posted by Christian Nwachukwu on June 24, 2022 at 4:07 pm

    There are a few different ways that a recession can affect unemployment. First, when businesses experience financial trouble, they may lay off employees to save money. Additionally, during a recession, people may be less likely to invest in new businesses, leading to fewer jobs. Lastly, people may be more likely to lose their jobs during a recession as companies downsize or close completely.

    Christian Nwachukwu replied 5 months, 2 weeks ago 1 Member · 0 Replies
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