During the final 3 months of the recession, April through June 2009, job losses remained severe but moderated.


Food-service work, the lowest-paying of the low-wage work at a median hourly wage of $9. .


35 EDT.

. . .


2. We show that our Twitter-based measure of job loss is well-correlated with and predictive of other measures of unemployment available in the official statistics and with the added benefits of real-time availability and daily frequency. 4 million jobs.

3% 20. May 1, 2014 · The lower-wage sector lost 2 million jobs during the recession, but has since added 3.

The International Labour Organization (ILO) predicted that at least 20 million jobs will have been lost by the end of 2009 due to the crisis — mostly in "construction, real estate,.


Wed 17 May 2023 21. The Great Recession resulted in a period of dramatic job declines for the nation.

Finally, it’s worth noting that during the Great Depression (1929-1933), unemployment reached a historic high of 24. Total: 3.

Orders for Chinese factories that sell electronics to the United States could dry up.



Michigan’s. . .

. These recession-resistant stocks could help investors play defense if the U. 8 million in 2008. A protracted default would push those. Apr 17, 2020 · The Great Recession (2009) The most recent recession in memory peaked with 10.


economy is still down 11. 2 million have been added since.

Australia’s economy shed 27,100 full-time jobs last month, easing concerns that the Reserve Bank may need to hike its interest rate again to curb.

A month after the official end of the most recent recession, in July 2009, the number of job openings declined to a series low of 2.

18 Global markets also panicked: Brazil's Ibovespa stock exchange was halted after dropping 10% 19.

7 million and June’s increase of 4.

8 million.