II. Employment and Unemployment in the Recession and Recovery
The Great Recession, lasting from December 2007 to June 2009, is aptly named for a number of reasons. The longest economic downturn in the U.S. since World War II put millions of people out of work, sent the unemployment rate soaring to 30-year highs and pushed long-term unemployment to unprecedented levels.[12. numoffset=”12″ The full range […]