📉 In this episode of the Learn English Podcast, we explore important words and phrases that people use when talking about recessions. A recession is a time when the economy is not doing well—people may lose jobs, companies may close, and families may have less money to spend. Understanding these words will help you follow the news, talk with others, and feel more confident when discussing financial topics. We’ll break down common phrases you’ll hear so you can sound more like a native speaker.

We start with common phrases you will often hear, like vibecession and downturn. The episode also explains job-related terms like layoffs, being fired, and being let go. We’ll give you clear definitions and plenty of examples to help you understand the context of each word and phrase. These words describe how people feel about the economy, even when it might not officially be in a recession.

By the end of this episode, you will feel more comfortable talking about money, jobs, and the economy in English. These useful words and expressions will help you understand what you hear in the news and what people say in everyday conversations. Keep listening to the Learn English Podcast to grow your vocabulary, improve your confidence, and practice English in real-world contexts. 🎧

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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.