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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