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What phase of the business cycle do employees lose their jobs to new applicants who are willing to accept lower wages?
recession
What job can a bachelor's degree get you?
Lots of jobs when there is no recession
When was The Worst Jobs in History created?
The Worst Jobs in History was created in 2006.
What are the worst stocks to buy during a recession?
The worst stocks that you can buy during a recession is the most expensive stocks on the market. The prices will continue to drop as you lose even more money so the safest option is to avoid buying stocks until the recession recovers a bit.
What is a recession economy?
A recession is when the economic activity slows and people start losing their jobs and/or companies slow their hiring.
Fewer jobs are available and unemployment is rising during an?
Fewer jobs are available and unemployment rise during a recession. If the recession becomes severe or long term it is then termed a depression.
Fewer jobs are available and unemployment is rising during a?
recession
What is reduction in the amount of jobs goods and money?
That's a recession.
How can a recession have a devastating impact on the economy?
the economic effects of recession are business fail,people lose their jobs, and profit fails.
Why have people lost their jobs during the recession?
they lost their jobs because of the economic problems and more import.
What were the top jobs during the great recession?
The service industry was healthy during the great recession. This included anything in hospitality and restaurants.
When was the worst recession in recent decades in terms of output?
occurred in 1973-75 period
