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Many layoffs nationwide can be a sign of an economic downturn or recession.
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A '''layoff''' is the termination of employment of many workers at a company, typically due to financial difficulties or merely to increase profits.
 
A '''layoff''' is the termination of employment of many workers at a company, typically due to financial difficulties or merely to increase profits.
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Many layoffs nationwide can be a sign of an economic downturn or [[recession]].
 
[[category:economics]]
 
[[category:economics]]
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[[category:finance]]
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