WebDec 13, 2024 · The Great Recession of 2007-2009 was one of the deepest downturns of the U.S. economy since World War II. Triggered by crises in the housing and financial markets, the recession evokes memories of homes in foreclosure, the collapse of Lehman Brothers, and bailouts for businesses in the auto, banking and financial sectors.. The … WebJan 1, 2014 · That sluggish job growth goes a long way to explaining why—for millions of Americans—the Great Recession never ended. While the "official" unemployment rate has fallen steadily since the ...
How the Great Recession Changed American Workers
WebSep 24, 2024 · Modern recessions typically last 10 months. The Great Recession lasted about 18 months, though its economic effects lasted for years. In December 2007, the U.S. entered its worst economic slowdown ... WebNov 22, 2024 · The longest post-WWII recession was the Great Recession, which began December 2007 and ended in June 2009, a total of 18 months. Conversely, the two-month Pandemic Recession helped nudge the ... penwortham council
Economy revs up, but leaves millions of Americans waiting in the …
WebAug 2, 2012 · Dow Jones Soars. October 9, 2007: The U.S. stock market hits an all-time high, as the Dow Jones Industrial Average reaches 14,164 points. December, 2007: The National Bureau of Economic Research ... WebMay 23, 2016 · The over 4 percent decline in gross domestic product (GDP) was only reversed more than three years after the beginning of the recession. During the worst part of the Great Recession, virtually ... todd mooney grand ledge michigan