Word: recessional
(lookup in dictionary)
(lookup stats)
Dates: all
Sort By: most recent first
(reverse)
See pictures of the recession of 1958.
Austin lands on that list too. The central Texas city of 760,000 has a few built-in advantages over other cities. The University of Texas and the state government - Austin is the capital - provide some economic stability. And as the Southwest's technology center, Austin is home to many...
This reality has triggered a nearly convulsive political response, given that elections are won and lost over the state of the economy and the mind-set of wage earners. That's why President Barack Obama, in his State of the Union address, called jobs his "No. 1 focus" and proposed...
Why is that? Well, focusing on demand is a tricky thing to do. For decades, the economy's engine of demand has been American consumers - a population now overindebted, underemployed and endowed with a newfound sense of thrift. The explosion in credit-card and home-mortgage debt before the recession...
Of course, young firms are also more likely to flame out and vaporize their jobs - but job destruction is, perhaps surprisingly, par for the course no matter what the size of a company. Even in the recession, about 4 million people a month have been landing jobs. We just don...