Because more people become unemployed than employed.
The recession worsens into a depression.
There´s a depression
Just the opposite happens. In a recession, unemployment increases and the demand for goods decreases.
When unemployment increases during a recession, there's a depression.There's a depression.
During a recession the government raises unemployment benefits by 100 million and the GDP does not go up.
Fewer jobs are available and unemployment rise during a recession. If the recession becomes severe or long term it is then termed a depression.
recession
Unemployment rate
An Economic Recession is a period of economic contraction (The Growth Rate shrinks and becomes stagnant)
recession
recession
recession