Recession Scale

Who Benefits in a Recession?

Recessions are challenging periods. Economic hardship is common, and many people worry that it may also affect them. However, a recession may present a chance for some professionals to prosper and advance. The groups that benefit during a recession are those that offer cheap alternatives and specialize in products that

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Recession vs. Depression

Economic downturns are hard for everyone. The average person might be worried about losing their job while businesses worry about laying off employees. But what is the difference between the two buzz words of downturns: recession vs depression? A depression is worse than a recession. It is defined as a

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How Do Recessions Affect Retirees?

The 5 years before and after the decision to retire, sometimes termed ‘the fragile decade,’ have major consequences on a retiree’s quality of life during a recessions. Since recessions are difficult to predict, considering its . Recessions affect retirees by forcing early retirement due to unplanned job losses, decreasing portfolio

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How Do I Prepare For A Recession?

Being in a recession can be quite scary for some people especially if they aren’t prepared.  As with most things, if you’re prepared for something, then you’re more likely to push through it easier.  We know that preparing for a recession is the best way to avoid its negative effects

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What Are The Best Side Gigs During A Recession?

A recession is something that many of us will experience in our lifetime and if we aren’t prepared it can really take a toll on us.  Knowing how to prepare for a recession is going to help you through these hard times.  Side gigs are some of the best things

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What Are the Best Jobs in a Recession?

Times can be challenging for countless individuals during a recession, but many wonder what are the best jobs to have during a recession.  Job security can allow for less stress when it comes to uncertain times like these. Jobs ranging from medical professionals to public service workers with countless others

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