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Hesse Travel on Among those that lose, some lose a little and some lose a lot. In particular, those who become unemployed suffer the most. Without jobs, they earn no money, and can consume far fewer goods and services than before; their mabusiness cycles 105 terial standard of living inevitably declines precipitously. Rising unemployment is the worst part of a recession. On the other hand, there is an upside to business cycles. Once the economy reaches a trough at the end of a recession, real GDP begins to rise, employment begins to recover, and most things economic look brighter. For example, during the expansion of the Bill CLINTON administration years, the longest one in U. Hesse Travel 2016.