Recession
noun, な adjective, の adjective
A "not condition" is where nothing is going well. How are things going? Not well. The condition is bad. We're in a recession.
This is a jukugo word, which usually means on'yomi readings from the kanji. If you know the readings of your kanji you'll know how to read this as well.
不況の影響で、多くの企業が倒産した。
Due to the effects of the recession, many companies went bankrupt.
不況時に金の価格は上昇しやすい。
The price of gold tends to rise during recessions.
ワニカニは独特の思想を布教する一種のカルトのような日本語学習サイトなので、不況の中でも信者たちが支えてくれている。
As a Japanese language learning site with a distinctive ideology, WaniKani resembles a type of cult, and even in times of economic downturn, its devotees provide support.