BUSINESS ADMINISTRATION
BUSINESS POLICY
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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Which phase would firms be rehiring workers they laid off
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Peak
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Depression
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Recovery
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Recession
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Explanation:
Detailed explanation-1: -A jobless recovery is a period in which the economy recovers from recession without reducing the unemployment rate.
Detailed explanation-2: -Who Usually Gets Laid Off First and When? Newer employees that have been in their role up to a year tend to get laid off first, according to a 2022 study by LinkedIn and Business Insider.
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