Economics
Reserve Labor Force
None. George Osborne's policies will make a further 1.1 million unemployed.
A recession can bring an increase of unemployed workers. This results in more unemployment compensation claims being filed and paid, meaning more people are collecting unemployment benefits.
increase
Tax revenue changes when the economy goes into a recession. When there is a recession, the government increases tax revenue. The government does this because less people are spending money.
Reserve Labor Force
None. George Osborne's policies will make a further 1.1 million unemployed.
A recession could improve the job opportunities of unemployed persons if they decide to seek training, or education, which would upgrade their skills and allow them to compete for available openings.
A recession can bring an increase of unemployed workers. This results in more unemployment compensation claims being filed and paid, meaning more people are collecting unemployment benefits.
by the New Deal.
increase
Tax revenue changes when the economy goes into a recession. When there is a recession, the government increases tax revenue. The government does this because less people are spending money.
During a recession the government raises unemployment benefits by 100 million and the GDP does not go up.
Stimulus
During a deep, long recession, most employers are reluctant to hire anyone, graduates as well as those who didn't attend college.
lower
Roosevelt Recession