recession
The Spanish word 'recesión' translates to 'recession' in English. A recession is a period of temporary economic decline during which trade and industrial activity are reduced, generally identified by a fall in GDP in two successive quarters. In this context, 'recesión' can refer to any significant decline in economic activity. It is a term broadly used within economic and financial contexts.
The economic recession has affected many small businesses.
This sentence describes how an economic event, specifically a recession, has negatively impacted many small businesses, potentially causing them to close.
During the recession, it is difficult to find a job.
This example discusses the lack of job opportunities during times of economic recession, a common phenomenon as companies may be less willing to hire due to financial instability.
Economists predict a global recession in the next few years.
In this sentence, economists are discussed as forecasting a negative economic event on a grand scale, a global recession, potentially causing financial uncertainty worldwide in the near future.