Archive for Tag: World economy

Recession Affect

Can Recession Affect Your Job and Household Budget?

During a recession, the unemployment rate normally rises because there is a lack of demand for products and services, which leads to a lack of need for employees. As a result of state and local governments implementing stay-at-home orders in reaction to the COVID-19 epidemic, the unemployment rate rose...

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US recession

Is U.S. Heading Towards Recession?

As worries of economic turmoil grow, experts and consumers alike are attempting to determine if the United States is on the verge of entering — or is already in — a recession. According to a May report by the Federal Reserve, the war in Ukraine, rising interest rates, supply...

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