during periods of recession unemployment isSolution During p

during periods of recession unemployment is

Solution

During periods of Recession Unemploymentis very high. During Recession there is a fall in stock prices, income level fall. During the period of Recession, businesses stop expanding the revenues and sales of products start to decline. Employers start lowering wages of their employees and sometimes hire new workers.. .this leads to Increased Unemployment rate. During the period of Recession there is a drop in demand which lowers the growth of the Economy. This in turn leads to greater losses and higher Unemployment than in non recession period.