The Great Recession of 2007–2009 created the largest economic upheaval in the United
States since the Great Depression of the 1930s. Although economic downturns are a …

Depression of the 1930s, growth returned to the US economy in the summer of 2009. The
recession may now be officially over, but its effects live on in the form of high unemployment …

Although the recession officially ended four years ago, the economy has yet to fully recover.
In July 2013, the national unemployment rate was 7.4 percent, below the October 2009 peak …

Modern recessions hit the US economy in 1990-91 and in 2001. A modern recession is one
occurring in an economy with well-executed mon etary policy and a small fraction of the …

States years. experienced economic These periods decline nine-comperiover ods of
widespread economic decline over the past 46 years. These periods-commonly referred to …

Officially over in 2009, the Great Recession is now generally acknowledged to be the most
devastating global economic crisis since the Great Depression. As a result of the crisis, the …

From the perspective of a wide range of labor market outcomes, the recession that began in
2007 represents the deepest downturn in the postwar era. Early on, the nature of labor …

We review the main distributional effects of the Great Recession and the ways in which
those effects have been organized into narratives. The Great Recession may affect poverty …

Compared to all prior recessions since the end of World War II, the 2007-2009 recession
ranks worst in terms of the number of jobs lost (over eight million), and second worst in the …

The burdens of a recession are not spread evenly across demographic groups. The public
and media, for example, noticed that, from the start of the current recession in December …