An
economic recession means a significant decline in the economy of a country. It happens when there is a decrease in the production of goods and services, people lose jobs, and businesses struggle. It's a tough situation where the economy slows down, and people have less money to spend on things they need or want.
Full definition
The combination of predatory lending, subprime mortgages, and the housing bubble created the
worst economic recession of our time.
A study finds that
economic recession led to an 11 - percent decline in carbon emissions, which could spell trouble for the future.
If the carbon fee rises continually and predictably, the resulting energy transformations should generate many jobs, a welcome benefit for nations still suffering from long -
standing economic recession.
We are the people that are creating opportunities and jobs for others particularly in a
difficult economic recession being the worst since I graduated from university 24 years ago.
The man who predicted the 1987 stock market crash and the recent global
economic recession believes the worst crash in decades will take place later in the next 12 months.
Due to a variety of factors, including recent health scares and
overall economic recession, the opportunity arose to negotiate the acquisition through a note restructuring and sale.
Unlike economic recession and wars which pass, climate change does not and there are deadlines if we want to avoid a point of no return.
Long term disability through the employer is not as common as it once was as many employers have been forced to cut benefits just to stay in business during this
extreme economic recession.
Under the current approach these would lock economies and the planet into a costly high carbon future and undermine a green new deal that could pave the way out
of economic recession.
Even in a
global economic recession, many consumers have been willing to pay more for products with a cleaner ingredient label.
Children who entered their teens at the beginning of the
recent economic recession are now celebrating their 18th birthdays and will be graduating from high school.
This played a major role in the foreclosure crisis that spread throughout our economy, fueling a full -
scale economic recession.
If the carbon fee rises continually and predictably, the resulting energy transformations should generate many jobs, a welcome benefit for nations still suffering from long -
standing economic recession.
State disinvestment describes how state legislatures have reduced per - student appropriations to public colleges over time, especially
during economic recessions.
The regions of the United States with the highest rates of opioid and heroin addiction also happen to be those hardest - hit
by economic recession and disruption.
However, the state Commissioner for Health, Dr. Babatunde Ipaye, described the current
economic recession as one of the reasons why retired nurses were not being replaced by new ones.
Result: In 2008 a severe
economic recession hit that took the stock market — and the world — several years to recover from.
As a brainless action movie rental Terminator Salvation is perfect fodder for those evenings you only want to escape the drudgery of the lingering
economic recession which they said would be over by Christmas but isn't.
For the last three years, the Center on Education Policy has surveyed local school districts about the effects of the current
economic recession on their schools.
«Decision - makers worry a lot
about economic recessions, but an ecological recession could have even worse consequences — and the biodiversity damage we've had means we're at risk of that happening.
«Claiming that Nigeria is out of
economic recession without any corresponding effect on the living condition of the people is just like they said Boko Haram had been defeated and over 400 people were killed by the insurgents in the last five months,» Fayose said.
Spain has suffered a severe
economic recession for the last several years, which has led to a dramatic decline in print sales, approximately 30 - 40 percent.
The Central Bank of Nigeria (CBN) has blamed the
ongoing economic recession in Nigeria on overdependence on importation of goods from other counties.
My brother who was suppose to provide succour to the family after getting the job has rather become a beggar, draining from the little the family is managing with in this time of
economic recession just to get to work daily.
«Despite the UK's entry
into economic recession during this time, doctoral graduates remained highly employable and most continued to achieve early career satisfaction in their chosen pathway.»
It suffered a
severe economic recession in the 1990s following the withdrawal of subsidies from the former Soviet Union and has not yet recovered to its pre»90s strength.
Brussels, October 30th - European governments must take immediate action against climate change to
avoid economic recession, warns the Stern Review - an independent report presented to the UK government today.
Phrases with «economic recession»