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🔴What is Recession? | Understanding Job Cuts and its Impact


In this Video we explained what is Recession and factors caused due to Recession in IT sector and Job cuts. We narrated a story connecting Recession scenarios to keep it simple and sweet for the viewers. Let's stay connected Instagram👉 : www.instagram.com/moneypurseadv Twitter👉: www.twitter.com/moneypurseadv Facebook 👉: www.facebook.com/moneypurseadv Thank you for watching the Video....(read more)


BREAKING: Recession News
LEARN MORE ABOUT: Bank Failures
REVEALED: Best Investment During Inflation
HOW TO INVEST IN GOLD: Gold IRA Investing
Recession refers to a period of economic slowdown, where the growth rate of the economy slows down and falls below average or negative. This means that the overall economic output of the country is decreasing, resulting in widespread job losses, decreased consumer spending, and sluggish business growth. In simple terms, recession occurs when the economy contracts instead of expanding. This can happen due to various reasons such as an economic bubble bursting, a financial crisis, or stagnation in important industries. Recession can last for a few months to several years, depending on the severity of the downturn. The most visible effect of recession is job cuts. Companies reduce their workforce as they struggle to maintain profits and stay afloat during a recession. This leads to increased unemployment rates and reduced consumer spending, which further impacts business growth. Other effects of recession include reduced investment, reduced access to credit, and decreased economic activity. Recession can have long-lasting effects on the economy, and it can take years to fully recover from the impact. Governments can take several measures to mitigate the effects of recession, such as fiscal policies, monetary policies, and government spending. The government may also provide various types of assistance to businesses and individuals who are suffering due to job losses and reduced income. Overall, recession is a significant economic phenomenon that affects individuals, businesses, and countries. While it can be unpredictable and difficult to avoid, government intervention and proactive measures can help reduce its impact and hasten recovery. https://inflationprotection.org/what-is-recession-understanding-job-cuts-and-its-impact/?feed_id=100752&_unique_id=646e234c84425 #Inflation #Retirement #GoldIRA #Wealth #Investing #Booksummary #Businessmodels #businessplan #Entrepreneurship #infosys #interestingvideos #Interviews #itsector #jobcutting #MoneyPurse #MoneyPurseTalks #podcasts #recession #recession2022 #SaiKrishnaPathri #softwareengineering #softwarejobs #softwarejobstelugu #Startupindia #startups #stockmarket #tcs #useconomy #wipro #worldcrisis2022 #RecessionNews #Booksummary #Businessmodels #businessplan #Entrepreneurship #infosys #interestingvideos #Interviews #itsector #jobcutting #MoneyPurse #MoneyPurseTalks #podcasts #recession #recession2022 #SaiKrishnaPathri #softwareengineering #softwarejobs #softwarejobstelugu #Startupindia #startups #stockmarket #tcs #useconomy #wipro #worldcrisis2022
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