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by aesh2Xa1
233 days ago
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It does include employment. It's discussed in terms of "employment" or "jobs" thresholds and trends. https://en.wikipedia.org/wiki/Recession > In the United States, a recession is defined as "a significant decline in economic activity spread across the market, lasting more than a few months, normally visible in real GDP, real income, employment, industrial production, and wholesale-retail sales."[4] The European Union has adopted a similar definition.[5][6] |
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