Question

impact of recession in employment opportunities​

Answer 1

Answer:

Recession is such a economic condition that leads to decreasing employment opportunities.

I times of recession the economy of any country goes into a downfall. It impacts large businesses, the stocks also fall, the dividends tend to slump, companies go bankrupt, quality of goods fall and employees get laid off.

Many employees end up loosing their job.

They get redundant because sales come to a halt, purchasing power of people fall and thus there would be no such employment opportunities.