Renee plans to graduate and enter the job market in the spring.Economists are forecasting a recession during the spring.As a result,she
A) is happy because unemployment rates are low during a recession
B) is happy because salaries are usually higher during a recession
C) does not care because the availability of jobs is not affected by whether there is a recession
D) is unhappy because it is generally difficult to find a job during a recession
E) favors increasing taxes to help head off the recession

Question

Quizplus · Accepted Answer

During a recession, the job market becomes more competitive because companies tend to reduce their workforce or freeze hiring to cut costs, leading to a decrease in job opportunities. Therefore, Renee is likely to face difficulties finding a job during a recession and would be unhappy about it.

Renee Plans to Graduate and Enter the Job Market in the Spring.Economists