Recession

Depression

Unemployment

Is the Fed out of bullets?
Economists are more nervous about the chances of another recession. And one of biggest fears is that the Federal Reserve may have run out of bullets to fight another downturn... read more

The recession has hurt many people's credit scores. How to fix it?
The recession may have done a number on your credit score, even if it spurred you to reform spendthrift ways and cut up your credit cards. For many, the drops have come at the same time that lenders have tightened their standards and demanded higher scores to get the best interest rates... read more

Recession creating a lost generation
High unemployment is damaging the future for America’s youth... read more

Global Confidence Increases on Signs Recession Is Nearing End
Confidence in the world economy surged to a 22-month high in August on signs the worst global recession since World War II is approaching an end... read more

Recessionopoly

Recession Archives

Job gloom at all-time high
More Americans than ever before feel they have no hope of finding a job. A record 1.21 million people want to work, but said they aren't looking because of the weak labor market, according to federal statistics released Friday. The June figure is up from 793,000 a year ago... read more

Recession Adds to Ranks of Americans With Depression
Unemployed Americans are four times more likely than those with jobs to report symptoms of severe mental illness, such as major depression, according to a new national survey that reveals the mental health toll of the recession... read more

Study Shows Psychological Impact of Unemployment
A new Rutgers study reveals the impact of unemployment on the individual, including depression, anxiety, and strained relationships... read more

Job insecurity is far worse for your health than unemployment
Simply worrying about losing your job can cost you your health, a new investigation of data from two long-term studies finds... read more

Sick of economy? How the recession affects your health
The markets may go back up, housing and auto sales may recover, unemployment rates may shrink, but researchers say it's almost certain that one effect of the recession will linger for many years -- poor health... read more

Scene from The Great Depression

Depression Archives

7.9 million jobs lost - many forever
The recession killed off 7.9 million jobs. It's increasingly likely that many will never come back. The government jobs report issued Friday shows that businesses have slowed their pace of hiring to a relative trickle... read more

Unemployment hits 10.2%
The unemployment rate spiked to its highest level since 1983, much worse than expected as employers continue to trim jobs despite other signs of growth... read more

65 and Up and Looking for Work
It is well known that during the nation’s gale-force recession, many older Americans who dreamed of retirement continued to work, often because their 401(k)’s had plunged in value. In fact, there are more Americans 65 and older in the job market today than at any time in history... read more

Job losses ebb, but unemployment up
Unemployment jumps to a 26-year high of 9.7%, even as employers cut the smallest number of jobs since August 2008... read more

Global Confidence Drops as Unemployment Surge Counters Stimulus
Confidence in the world economy dropped for the first time in four months in July as government stimulus efforts showed little sign of reducing unemployment, a Bloomberg survey of users on six continents showed... read more

Not Hiring

Unemployment Archives