Recession

Depression

Unemployment

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

Birth Rate Is Said to Fall as a Result of Recession
For the first time since the decade began, Americans are having fewer babies, and some experts are blaming the economy... read more

3 In 4 Americans Use Internet To Combat Recession
Adults are flocking to the Web to find job leads, investment information and bargains, and to track down government benefits, says Pew study... read more

Recession sends Americans to the Internet
It's not just family and friends that Americans are turning to for advice and support to cope with the prolonged recession; many have found a counselor in the Internet. More than two-thirds of American adults -- or 88 percent of U.S. Internet users -- went online for help with recession-induced personal economic issues and to gather information on national economic problems, a study released on Wednesday said... read more

Recession Puts Brakes on Holiday Travel
Nearly Two-Thirds of Americans Are Cutting Back Vacation Spending this Summer... read more

The 10 largest U.S. bankruptcies
From Lehman to Texaco, the mighty have fallen, taking down billions and billions with them... read more

Recession hits Social Security hard
The recession has taken its toll on Social Security. The officials who oversee the program forecast Tuesday that the Social Security trust fund will be exhausted by 2037 - four years earlier than estimated last year... read more

Global Economy Contracts, With Slow Recovery Next Year
In the most severe recession since World War II, the global economy is projected to shrink by 1.3 percent in 2009, with a slow recovery expected to take hold next year, according to the IMF’s April World Economic Outlook (WEO)... read more

The Fortune 500's biggest losers
AIG led the loser board in a terrible year for onetime stars like Citigroup, Motorola and Fannie Mae and longtime laggards like GM... read more

Feds Confirm Spike in Crime During Economic Downturn
Although violent and property crime rates are down when compared to the recession of the 1990s, officials say recent violence is worrying and may be an indicator of more to come... read more

Recession is a dose of reality for young workers
Many had been raised to believe they could do anything. Now as they lose their first or second jobs because of the recession, their high expectations are being dashed... read more

Gaming continues surge in recession; is escapism the reason?
NPD released video game software sales numbers for 2008 earlier this year, and at the time, it was noted that the gaming industry was seeing a surge that ran counter to the economic climate. The surge centered in the U.S. and U.K with casual gaming titles becoming a driving force behind growing sales numbers. In January, the trend continued, with Nintendo's Wii Fit title leading the charge with 777,000 units sold... read more

A-Z of the credit crunch
AIG effect, Bailout, Credit crunch, Derivatives, Export slumps, Fiscal stimulus package, Great Recession, Homedulgence, Iceland, Keynesianism, Liquidity trap, Mini-Madoff, Naked shorts, Obamamania, Paulson - John and Henry, Quantitative easing, Recessionista, Shovel ready, Tarp, Unsecured debt, Vacations, Write-down, Xenophobia, Yen strength, Zombie bank ... read more

Scenes from the recession
The state of our global economy: foreclosures, evictions, bankruptcies, layoffs, abandoned projects, and the people and industries caught in the middle. It can be difficult to capture financial pressures in photographs, but here a few recent glimpses into some of the places and lives affected by what some are calling the "Great Recession"... read more

Recessionopoly

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

Searching For The Depression – And Finding It!
Economic stress is hidden, but it’s there in a Recovery that isn’t... read more

Workplace suicide is on the rise
The Bureau of Labor Statistics reports that workplace suicides surged 28% in 2008 -- perhaps driven by financial stress, job insecurity, and the extraordinary pressure that so many Americans have found themselves under... read more

6 Frugal Living Tips From the Great Depression
The Great Depression of 1929 is widely considered to be the worst period in US financial history... read more

Recession Depression
Recession is a word. It has a tremendous impact on us psychologically... read more

Great Recession escape: In tough times, we go to the movies
Since the silent film era, a certain trend has held true: In tough financial times, people go to the movies. That trend is now being seen during the worst recession since the Great Depression... read more

Great Depression 2.0 Survival Guide - May, 2009 Edition
Have we seen the bottom of current economic down turn? Six ways to identify hidden job opportunities? What should you do if you cannot find a job? Inside look at layoffs + Job Search Strategies? Entrepreneur calling: ideas, inspirations, and examples? Watch your Paycheck -  Personal Finance Tips? Unhappy at work? Considering going back to business school or law school? ... read more

Recession Depression
The times we live in are tough, job losses are at an all time high and there’s no sign of relief in the economic outlook. Crime is up as well as domestic violence and murder. Some studies show a direct relationship in the increased numbers to the money troubles we are all facing. Experts call it "recession depression"... read more

Warning: Suicide peak ahead
The United States is also predicting a rise in suicide rates just like during the Great Depression. Suicide rates rose from 14 to 17 for every 100,000 Americans from 1929 to 1933, as unemployment rates increased from 3.2 per cent to 24.9 per cent within the same period... read more

Worst-case scenario survival guide
A grinding depression. Wild inflation. Endless unemployment ... How to deal with what could go very wrong... read more

The Next Great Mistake
Mounting unemployment and layoffs are leading to greater and greater angst. When will this economic slump end? Doubts about the unprecedented monetary and fiscal stimulus have Americans suspecting we are in for a long struggle like the historic Great Depression or the more recent Japanese asset bubble... read more

How a Modern Depression Might Look -- If the U.S. Gets There
In the wake of the biggest financial shock since 1929, economists say the odds of a depression are less than 50-50 -- though still uncomfortably high. But even if a depression comes to pass, a 21st-century version would look very different from the one 80 years ago... read more

As history repeats, thoughts turn to Great Depression
It was unexpected after years of prosperity but suddenly the country was blindsided as the stock market crashed, multitudes lost jobs, unemployment soared and the prospect of government bailouts through public works programs did nothing to sooth a troubled conscience. The international economy was thrown into turmoil as well... read more

Global economy to shrink in 2009: World Bank
The global economy is set to shrink by one to two percent this year, World Bank President Robert Zoellick said on Saturday, saying the depth of the slowdown was unprecedented since the 1930s Great Depression.... read more

Scene from The Great Depression

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

U.S. unemployment rate hits 9.5%, a 26-year high
In June, 467,000 jobs were lost; analysts had predicted 350,000. Despite positive signs for the economy in recent weeks, the report is evidence that the jobs market remains troubled... read more

With Unemployment Moving To 9.6%, Economic Impact Of Jobs Is Just Beginning
The unemployment rate for June is likely to go to 9.6% or higher according to most analyst estimates. There are anecdotes from all over the country that businesses which have cut people are prepared to get along without replacing them until it is crystal clear that the economy is in a full-blown recovery... read more

Employed see tough times, too
People who still have jobs are faring worse than at any time since the Great Depression, a USA TODAY analysis of employment data found. Furloughs, pay cuts and reduced hours are taking a toll on workers who so far have escaped job cuts... read more

Unemployment Survival Tips
An old economics joke goes: “What is the difference between a depression and a recession? A recession is when my neighbor loses his job; a depression is when I lose mine; and a panic is when my wife loses hers.” Let’s hope we don’t get to the panic point, but an old joke contains an important truth: unemployment has very disparate impacts... read more

Obama Adviser Sees Unemployment Rising Until 2010
President Obama’s chief economics forecaster said on Sunday that the nation’s unemployment rate was likely to keep rising until 2010, even if the economy begins growing later this year... read more

U.S. Jobless Rate Hits 8.9%, but Pace of Losses Eases
The American economy lost another 539,000 jobs in April and the unemployment rate leapt to 8.9 percent, the government reported Friday, yet the deterioration was slightly milder than expected, buoying hopes that better days are approaching... read more

Salon charts the US unemployment crisis
Salon shows how unemployment is spread across the United States and some of the places hardest hit... read more

2 million jobs lost so far in '09
Unemployment rate spikes to 8.5%, a 25-year high, as 663,000 jobs lost in March. 5.1 million jobs have now been lost since the beginning of 2008... read more

Joblessness Probably Rose to 25-Year High: U.S. Economy Preview
The U.S. jobless rate climbed in March to the highest level since 1983 and manufacturing shrank, putting the recession on the brink of becoming the longest in seven decades, economists said before reports this week... read more

Unemployment rises in 99.7 percent of metro areas
Unemployment rose in all but one of the 372 metropolitan areas tracked by the Labor Department at the start of 2009 and areas of California were among the hardest hit, according to government data released Thursday... read more

US Post Service looks for new ways to cut losses
The U.S. Postal Service has already suggested dropping a day of mail delivery to save money. Now, with economic gloom everywhere, it's turning to early retirements, management cutbacks and office closings... read more

Avoid the Unemployment Blues: Get Out of the Recession Funk by Staying Productive
Unemployment, for many, can lead to depression. Feelings of rejection and failure make it difficult to find that next job. Avoiding this vicious cycle is tantamount to your success in these turbulent economic times. Unfortunately, unemployment-related depression is the reality for far too many people across North America, as well as all over the globe. According to CTV.ca, the unemployment rate in the U.S. has risen to 8.1%, and 7.7% in Canada... read more