In a recession, a decrease in consumer spending causes many businesses to lay off workers or even to close. βββββββ βββ ββββ βββββ ββββ ββ β βββββββββ βββββββ ββββββ ββββ βββ βββββ βββ ββββββ ββ ββ ββββββββ ββ βββ ββββββ ββ ββββββ βββ βββ ββββββββ ββββββββ ββββ β βββββββββ ββ βββββββ ββ ββ ββββββββ ββ ββββββββ ββββββββ βββ ββ βββββββββ ββ ββββββββ ββββββββ ββββ βββββββ β ββββ βββ ββββββββββ ββββββββ βββ ββββββββββββββ βββββββββ ββββ ββββββ ββββββββββ ββ βββ βββββββ βββββ β βββββββββ βββ βββββββββ βββββ ββββββ ββββββββββ βββββββ ββ ββββ ββ βββββββββ
In a recession, consumer spending decreases, so some businesses lay off workers or close. Workers who lose their jobs this way usually remain jobless. This means an increase of the total number of jobless people. When a recession ends, consumer spending and business activity increase, so more workers are needed. However, businesspeople are not confident in the economy after a recession, so delay hiring more workers as long as they can.
The stimulus supports the conclusion that at the end of a recession, it is possible for consumer spending to increase even though the number of jobless people remains higher than pre-recession. The stimulus also supports the conclusion that when an economy recovers from a recession, the number of people who are jobless may not immediately decrease.
The statements above, if true, βββββββ ββββ βββββββ βββ βββββ βββ ββ βββ βββββββββ ββββββββββββ
Recessions are usually ββββββ ββ β ββββββββ ββ ββββββββββββββββ ββββββββββ ββ βββ ββββββββ
Governmental intervention is ββββββββ ββ βββββ βββ ββ βββββββ ββ βββββββ ββββ β ββββββββββ
Employees of businesses ββββ βββββ ββββββ β βββββββββ ββββ ββ βββ ββββββββ ββ βββ βββββββ βββ ββββ βββββ ββββ ββββββ ββββ ββββββββββ
Sometimes recovery from β βββββββββ ββββ βββ ββββββββ ββββββ ββ β ββββββββ ββ βββ ββββββ ββ ββββββ βββ βββ ββββββββ
Workers who lose βββββ ββββ ββββββ β βββββββββ βββ ββββββ ββ βββ βββββββ ββββ ββββ ββββ βββ βββββββ βββββββββ