📉 In this episode of the Learn English Podcast, we explore essential words and phrases used when talking about recessions and the economy. A recession is a period when the economy slows down—people may lose jobs, businesses may close, and families may spend less. Understanding these terms will help you follow the news, discuss financial topics, and speak more confidently in English.

We cover common phrases like vibecession and economic downturn, as well as job-related expressions such as layoffs, being fired, and being let go. Each word and phrase comes with clear definitions and real-life examples so you can understand the context and use them naturally in conversation. You’ll also learn how people talk about the economy even when it’s not officially in a recession.

By the end of this episode, you’ll feel more confident talking about money, jobs, and financial news in English. These practical expressions will help you sound more like a native speaker and improve your listening and speaking skills. Tune in to grow your vocabulary, practice real-world English, and stay informed about important economic topics. 🎧

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📝 Vocabulary list:

1) Circumstances – the situation or conditions someone is in.

2) Downturn – a decline or drop in economic activity.

3) In this economy – a phrase people use to mean “with today’s difficult financial situation.”

4) Vibe – the feeling, mood, or atmosphere of a place or situation.

5) Vibecession – slang for when people feel like the economy is bad, even if it isn’t officially in recession.

6) Portmanteau – a new word made by joining two other words.

7) Let go – a polite way of saying someone lost their job (either fired or laid off).

8) Severance package – money a company gives to employees when they lose their job, to help them while they look for another.

9) Golden parachute – a large payment or benefits given to top executives when they leave a company, even if they did a bad job.

10) Living paycheck to paycheck – only having enough money to survive until the next paycheck, with no savings.

11) Make ends meet – to have just enough money to pay for basic needs.

12) Underemployment – when people have jobs but not enough hours or not jobs that match their skills.

13) Drying up – when something is decreasing or becoming less available.

14) Disposable income – extra money you can spend on fun or non-essential things after paying bills.