what does it mean when mentioning added worker and discouraged worker effect when talking about a economic downturn?
The economic downturn refers to the condition where the economy drops down in relation to economic activities. When all the economic activities face a downward trend and with certain disturbances, the economy enters the phase of recession or depression, which is called the economic downturn in the economy.
An added worker refers to the types of workers who might not be able to get jobs in the recessionary period but still force them to move forward and keep funding jobs as per their will. They do not leave the labour force and continue to put efforts and ask for support without wasting time. They keep on searching for new jobs and can take up whatever job comes to their existence and become employed.
A discouraged worker refers to the type of worker who leaves the labour force because he has no will to look for jobs and also the worker believes that there are no jobs available for him in the market. he leaves hope and continues to become dependent upon the family.
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