MrsBick - a recession does typically mean loss of jobs throughout all industrial sectors. It means rising prices, rising interest rates adn financial woe for all!
As a basic example:
I run a manufacturing company which makes widgets for a car maker. The car maker is slow to sell new cars as people aren't spending any money, so isn't buying as much from me. I still have my workforce/factory/raw materials to pay for, so I need to get a loan from a bank to tide me over.
I go to a bank but because they have tight lending criteria now (as no one will take on risks any more) they won't lend me any money. I try Venture Capital and Private Equity finance, but no one wants to take a risk.
The company folds leaving 1000 people without jobs. 1000 people who are no longer spending money in the shops (retail job losses ensue), 1000 people no longer able to pay their mortgages (so the banks/building societies have another load of debts not paid, so don't lend to the next company that comes along needing support), 1000 people on the job market chasing a job to keep a roof over their heads.
The job market gets flooded with people and so people accept jobs at rates of pay well below last year or indeed the year before. This means there is less money available to live on and pay for basics so out goes the car, the heating is turned off, less food is bought, this impacts on jobs in all those industries too. The cycle just goes on and on and on!