词汇讲解：
1. recession n. 经济衰退; 不景气；经济萎缩
例句：The recession have cause thousands of bankruptcy.
经济不景气造成数千万的破产。
2. recovery n. 改善；回升；复苏
例句：The economy staged a recovery.
经济处于回升期。
3. layoff n. 临时解雇
例句：Textile companies announced 2000 fresh layoffs last week.
各纺织公司上周宣布再次裁员两千人。
4. disheartening adj. 使人失去信心的，使人沮丧的
例句：We propose the light to throw on this disheartening tragedy.
我们对这桩令人沮丧的悲剧提出我们的说明。
5. frustrating. adj. 使人沮丧的，令人泄气的,令人懊恼的
例句：It was a demeaning and ultimately frustrating experience.
那是一次有失颜面并且令人沮丧至极的经历。
6. principal n. 负责人, 校长
例句：He is the principal of this school.
他是该学校的校长。
7. personnel n. (总称)人员; 员工；全体人员；职员
例句：The personnel are not happy to change these rules.
全体工作人员对改变这些规定很不高兴。
8. immigrant n. 移民
例句：. He is descended lineally from an immigrant.
他是一位移民的直系後裔。
9. enormous adj. 巨大的, 极大的, 庞大的
例句：Litigation often entails enormous expense.
诉讼需要大量花费。
10. funding n. 经费；资金
例句：We increased funding for social programs.
我们增加了社会事业的投入。
11. consolidate v. (使)合并，（使）结成一体
例句：Those two banks have consolidated and formed a single large bank.
那两家银行已合并成一家大银行。
12. shorten v. 缩短，缩减
例句：Smoking can shorten your life.
吸烟会缩短你的生命。
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