Diane Stafford, Kansas City Star: Recession or depression? There’s a case for both

Posted at Kansas City Star today:

As the nation struggles to name our ongoing economic pain, we may be settling on The Great Recession.Friday’s jobs report — that U.S. employers cut 651,000 jobs and the unemployment rate leaped from 7.6 percent to 8.1 percent in February — did nothing to spark hope for an imminent end to the recession that began in December 2007.Unemployment now stands at its hig…

Read the whole article

Advertisements

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s