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    recession

    US /rɪˈsɛʃən/

    ・

    UK /rɪˈseʃn/

    B2TOEIC
    n. (u.)Uncountable NounAct of moving backward gradually
    After the storm was over, there was a slow recession of water
    n. (u.)Uncountable NounDecreased business activity, when work is scarce
    During the recession, many people lost their jobs
    n. (u.)Uncountable NounA period of decline or reduction in something.
    There has been a recession in the number of students applying to art schools.

    Video subtitles

    The First Presidential Debate: Hillary Clinton And Donald Trump (Full Debate) | NBC News

    38:58The First Presidential Debate: Hillary Clinton And Donald Trump (Full Debate) | NBC News
    • We had the worst financial crisis, the Great Recession, the worst since the 1930s.

      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.

      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.

    B1

    How 'Quiet Quitting' Became The Next Phase Of The Great Resignation

    08:32How 'Quiet Quitting' Became The Next Phase Of The Great Resignation
    • That's despite the looming risk of a recession; economic downturn could make quiet quitting a short lived trend.

      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.

      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.

    B1

    Why the U.K. Is the Only Major Economy Set to Shrink in 2023 | WSJ

    03:42Why the U.K. Is the Only Major Economy Set to Shrink in 2023 | WSJ
    • It thinks that while Britain is still expected to enter a recession, that it's likely to be shallower and shorter than previously feared.

      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,

      is still expected to enter a recession,

    B1

    Why Citibank Branches Are Closing Around The World

    10:27Why Citibank Branches Are Closing Around The World
    • After the company's collapse during the 2008 recession, Citi stock has continuously struggled.

      After the company's collapse during the 2008 recession, Citi stock has continuously struggled.

    • recession, Citi stock has continuously struggled.

      recession, Citi stock has continuously struggled.

    B1

    Why Getting A Job Feels Impossible Right Now

    10:39Why Getting A Job Feels Impossible Right Now
    • 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.

      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.

      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.

    B1

    Watch Jim Lehrer Moderate First Full Presidential Debate

    31:01Watch Jim Lehrer Moderate First Full Presidential Debate
    • the extraordinary recession that we went through. They can buy a computer for their kid who's

      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.

      They are certainly in a better position to weather the extraordinary recession that we went through.

    B1

    What’s going to happen to Big Tech’s laid off workers?

    08:25What’s going to happen to Big Tech’s laid off workers?
    • If the recession comes, fine, two, three years, they're gonna recover and then hiring will start again.

      If the recession comes, fine, two, three years, they're gonna recover and then hiring will start again.

    B1

    ACCOUNTANT EXPLAINS: Money Habits Keeping You Poor

    08:42ACCOUNTANT EXPLAINS: Money Habits Keeping You Poor
    • 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.

      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.

    A2

    9 Things I Stopped Buying to Make More Money

    07:169 Things I Stopped Buying to Make More Money
    • and expecting to see the longest recession in the UK to date.

      and expecting to see the longest recession in the UK to date.

    A2

    Quiet Cutting: How Power In U.S. Offices May Be Shifting Back To Bosses

    05:37Quiet Cutting: How Power In U.S. Offices May Be Shifting Back To Bosses
    • 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,

      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,

    B1