US /rɪˈsɛʃən/
・UK /rɪˈseʃn/
We had the worst financial crisis, the Great Recession, the worst since the 1930s.
And basically, they've said this, that if his tax plan, which would blow up the debt by over $5 trillion and would, in some instances, disadvantage middle-class families compared to the wealthy, were to go into effect, we would lose three and a half million jobs and maybe have another recession.
That's despite the looming risk of a recession; economic downturn could make quiet quitting a short lived trend.
So, certainly, as the labor market slows, and if we were to go into a recession, (it) could potentially put those workers at a disadvantage.
It thinks that while Britain is still expected to enter a recession, that it's likely to be shallower and shorter than previously feared.
is still expected to enter a recession,
After the company's collapse during the 2008 recession, Citi stock has continuously struggled.
recession, Citi stock has continuously struggled.
When we look at the hard data, it seems to suggest that the labor market has been fairly strong and in fact, surprisingly resilient, especially after 2023 where we had headlines about layoffs and forecasts of recession.
If the economy does slow down more significantly in 2024, if we see a recession in 2024, the labor market can be somewhat resilient, but it can't fully buck the broader economic trends.
the extraordinary recession that we went through. They can buy a computer for their kid who's
They are certainly in a better position to weather the extraordinary recession that we went through.
If the recession comes, fine, two, three years, they're gonna recover and then hiring will start again.
I have another video on what you can be doing with your money in times like the current recession, and I'll link that here for you as well.
and expecting to see the longest recession in the UK to date.
You know, quiet cutting is happening because companies are fearful of what's coming down the pipe, they're fearful that the economy will go into recession,