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Synonyms for «global recession»

"Global recession" refers to a period of economic decline and slowdown that affects countries around the world. During a global recession, many businesses struggle, unemployment rates rise, and overall economic activity decreases globally. It is like a worldwide economic downturn impacting people, companies, and governments in many different countries. Full definition
Similar and related words and phrases are presented below.

«global»

general world worldwide economic national overall market financial deep great industry government international current macroeconomic weak major currency future warming rough widespread trade bad big estate ongoing real severe social recent serious population fiscal significant business budget new recessionary difficult food environmental falling huge tough rising strong slower sluggish

«recession»

downturn economy unemployment recovery crisis decline depression turmoil slowdown growth globalization austerity disaster slump crash poverty trends drought stagnation hardship inflation disruption catastrophe weakness meltdown collapse times expansion spending challenges uncertainty conditions situation downfall unrest climate shortage implosion outlook problems period employment instability struggle jobs change event shock globalisation

Related phrases

Sentences with «global recession»

  • Do you think that the message that a green economy means more jobs will get lost amid all the news of global recession? (treehugger.com)
  • Getting a job inside the business industry these days is a lot tougher than before because this is one of those that got hit by global recession. (resumewritingservice.biz)
  • Managing your debt is more important now than ever it was with global recession biting hard and no signs of improvement for the foreseeable future. (nationalcashcredit.com)
  • (see all sentences)

See also

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