"http://wiki.answers.com/Q/What_are_the_sectors_suffered_by_recession"
tertiary sector
gold up, stocks down
Not all sectors of the economy or professions are affected negatively by a recession, but times of economic hardship certainly are followed by high unemployment and wide cuts in wages.
The Financial Services sector and building sectors were badly hit - so London was the worst hit
There are currently no listings for a job of this type in your area. The hospitatlity industry has suffered during the recession.
Yes, Canada suffered through the Great Depression during the 1930s. This was after World War I but before World War II.
The most recent recession in America began in February 2020, largely triggered by the COVID-19 pandemic and the subsequent economic shutdowns. This downturn led to significant job losses, business closures, and disruptions across various sectors. Prior to this, the Great Recession occurred from December 2007 to June 2009, primarily due to the housing market collapse and financial crisis. Each recession has highlighted vulnerabilities in the economy and prompted responses from the government and Federal Reserve to stimulate recovery.
One of the causes of the recession in South Africa is the slowdown in the manufacturing sectors. This made a huge impact on the country's economy.
During a recession, the safest investments to consider are typically low-risk options such as government bonds, high-quality corporate bonds, and defensive stocks in sectors like healthcare and consumer staples. These investments are less likely to be affected by economic downturns and can provide stability to a portfolio during challenging times.
The world is in a big recession.
The adjective of recession is recessionary.
recession