I was in college when the Great Recession officially ended in June 2009. But I couldn’t find a job that summer or the next one because the effects of the recession, which reverberated throughout the ...
I served in the Obama and Biden administrations and saw excessive risk-taking by these enterprises help bring about the 2008 ...
The Great Recession’s witch’s brew of despair was my beat at the Dayton Daily News, and for years I reported on unemployment, neighborhood decay and industrial losses. Over time I learned that this ...
Forbes contributors publish independent expert analyses and insights. Christian Weller is an economist focused on retirement inequality. The last two recessions before the pandemic show that the ...
It was the biggest bank failure in American history: On September 25, 2008, the federal government took over Washington Mutual, selling the majority of the enormous savings and loan provider’s assets ...
Economic uncertainty often forces a shift in how we spend and save. During the Great Recession of the late 2000s — when unemployment hit 10% and home values dropped by 30% — many tightened their ...
Class identity, which is how individuals view their economic and social positions in relation to others, has wide-ranging effects on people's well-being, thoughts, and behavior. Previous studies have ...
Are you worried about a possible recession next year? It's understandable given some of the discussion going on about the economy these days. But even if it happens, that's not necessarily a reason to ...
The Conference Board Leading Economic Index (LEI) has fallen 13.1% from its record high in December 2021, its sharpest decline since the Great Recession. Historically, whenever the Conference Board ...