It almost brought down the global banking system and it gave us the deepestrecession for three generations.
Times, Sunday Times (2011)
The country is in political turmoil and deeprecession.
Times, Sunday Times (2016)
We warned her about the deeprecession and record levels of youth unemployment.
Times, Sunday Times (2011)
Definition of 'recession'
recession
(rɪseʃən)Explore 'recession' in the dictionary
variable noun
A recession is a period when the economy of a country is doing badly, for example because industry is producing less and more people are becoming unemployed.