If you look for a job for 18 months after graduation,but fail to generate an offer,even after lowering your expectations,the economy is probably in the business cycle phase called:

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A recession is a period of economic decline characterized by a decrease in GDP, rising unemployment, and reduced business activity. During a recession, it can be difficult for recent graduates to find job opportunities due to the reduced demand for labor. Even after lowering expectations, a lack of job offers for an extended period of time could indicate a recessionary period in the business cycle.

If You Look for a Job for 18 Months After