recession

A recession is an economic downturn that lasts for at least six months, but does not have the duration and severity of an economic depression. Recessions are typically accompanied by increases in unemployment and a decline in the stock market.

Unemployment increases as college graduates enter the job market and cannot find jobs, employees are laid off due to reduced business sales, companies go out of business voluntarily, or go bankrupt. With the increase in unemployment, consumers ability to repay loans declines, home foreclosures increase, and personal bankruptcies rise.

You will find bloggers writing about recessions at sites like the Huffington Post and the Economix blog in the New York Times.

Causes and cures for specific recessions vary greatly. A February 23, 2010 column by Eugene M. Grant in the Huffington Post, proposed tax credits on investments in business to stimulate the economy. Meanwhile, a March 3,2010 column from the Wonk Room argued that the 6 billion energy efficiency rebate program proposed during the second year of the Obama administration would help rebuild the "Tool Belt" economy.

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Original Technorati articles tagged “recession”

• in Technology
  How LinkedIn Stops You From Getting Jobs
  Getting Career Savvy in the Online World
  by lleontiades / on Apr 29, 2013
• in Politics
  Raincheck on the Fiscal Cliff
  How the congress managed to acheive everything and nothing in the same day.
  by jwalk6 / on Jan 2, 2013
• in Business
  eBay Joins the List of Companies Paying Very Low Taxes
  eBay are the latest corporate giant to be accused of not paying their fair share of tax
  by cmimanagers / on Oct 22, 2012

Latest blogosphere posts tagged “recession”

 

• Question Of The Day: How Did America Arrive At Its Great Recession?

  
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    The cause of America’s Great Recession of December, 2007 is still unknown. The cause may well have been plural in nature. Multiple events may have been needed to bring down the world’s greatest economy. Multiple events would make the cause of America’s 2007 great recession more difficult to identify, ...
  1 week ago

• Two-speed Britain as London soars away from the rest

  
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  In London, there are more cranes on the skyline than in the rest of the country put together. Evidence is growing that a recovery is under way, but there are now fears that only the south-east is benefiting, leaving the nation more divided House prices in Londons swankiest districts are clocking up a rise of £27 ...
  1 week ago

• Teacher pay gaps among Washington area schools could deepen

  
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  After years of pay freezes and unpaid furloughs, physical education teacher Steven Lightman received a roughly $8,000 annual salary bump this school year. But it wasn’t because Lightman’s school system decided to give the veteran teacher a raise. He made it happen himself by switching Washington area school ...
  1 week ago

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  Recession Is a Good Time to Exploit Cheap Labour, Says Cameron Aide THE OBSERVER: Lord Young says low-wage conditions are a bonus for business, drawing a furious response from the TUC The prime ministers adviser on enterprise has told the cabinet that the economic downturn is an excellent time for new ...
  1 week ago

• Recession a good time to exploit cheap labor, says aide to British Prime Minister David Cameron

  
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  The prime ministers adviser on enterprise has told the cabinet that the economic downturn is an excellent time for new businesses to boost profits and grow because labor is cheap, the Observer can reveal.[David Young,] Lord Young, a cabinet minister under the late Baroness T …
  1 week ago

• PM aide: exploit cheap labour

  
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  Lord Young says low-wage conditions are a bonus for business, drawing a furious response from the TUC The prime ministers adviser on enterprise has told the cabinet that the economic downturn is an excellent time for new businesses to boost profits and grow because labour is cheap, the Observer can reveal. Lord ...
  1 week ago

• Poor folks stick with strong values, not self-pity

  
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  Poor folks stick with strong values, not self-pity. Another Republican myth bites the dust.
  1 week ago

• 6 Social media tips for artists and galleries

  
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  Beginning my social media tip series, here are my 6 top social media tips for artists, art galleries, art suppliers and art publishers. I’m sharing this because the art world, just like the publishing industry, is experiencing the biggest decline in decades as the public switch from shopping in the High Street to ...
  1 week ago

• Guest Post: Is Present Monetary Policy Rational?

  
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  Submitted by Detlev Schlichter of DetlevSchlichter.com , While the stance of monetary policy around the world has, on any conceivable measure, been extreme, by which I mean unprecedentedly accommodative , the question of whether such a policy is indeed sensible and rationale has not been asked much of late. By ...
  1 week ago

• Balance Sheet Recessions Are Really Nominal Income Recessions

  
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  I recently lamented the Fed’s ongoing dereliction of duty as seen in the sustained declined of households’ expected nominal income growth: In that post, I noted this observed decline was problematic for two reasons: (1) current nominal spending decisions are influenced by expected nominal income growth and (2) ...
  1 week ago

• European Economy

  
  Truthdig: Drilling Beneath the Headlines — Authority: 600
  By Pavel Constantin, Cagle Cartoons, Romania Related Entries May 8, 2013 Willie Manning Execution Postponed May 6, 2013 Death Row Inmate Denied DNA Test, Scheduled to Be Executed Tuesday
  1 week ago

• The double dip recession that never was?

  
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  Did the double-dip recession ever happen? It looks increasingly possible that it didn’t — the BBC reports the latest revision to the data: A revision by the Office for National Statistics (ONS) has cast doubt on the UK’s double-dip recession last year. Revised growth estimates now suggest the construction ...
  1 week ago

• Benefit claimants are now seen as other – less than fully human | Robert de Vries

  
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  Research suggests many of us regard people on benefits as part of an outgroup who dont feel the same emotions. This is scary The governments cuts to welfare benefits are causing real harm to a lot of innocent people. Nevertheless, remarkable numbers seem willing to support them, and all too ready to justify them with ...
  1 week ago

• We dont need support insists Co-op

  
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  Filed under: Current Accounts The Co-operative has insisted its bank did not require government support after a ratings agency warned it may need a taxpayer bail-out. In a message to reassure customers and members, the Co-op said "we havent sought nor do we need government support" and insisted it was taking ...
  1 week ago

• Does it matter if we are in a recession

  
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  Those of you who avidly follow Geoff Rileys blogs on this website may have read that he advises students to avoid getting too worked up about whether the economy is actually in recession.   Most economic students will readily tell you the official definition of a recession and can analyse the impact of an ...
  1 week ago

• Six Dresses to Run Away In

  
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  When I posted this lil Zara dress the other day,  Jamie immediately emailed me to ask: want to post a whole round up of dresses for the runaway brides ?? I said hell yeah! (And then Amber, of Pitbulls and Posies , did this paste-up to complement  the runaway inspiration board , which makes me feel very ...
  1 week ago

• Emerging Market Economies Indicate Economic Slowdown for Global Economy

  
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  Economic conditions in the U.S. economy may be improving slightly, but the global economy is on the verge of witnessing an economic slowdown—and a possible recession. Key indicators are flashing red signals and warning of trouble ahead for the global economy. In these pages, I have written rigorously about how ...
  1 week ago

• Jobs Growth So Far in 2013 Running Well Behind Last Year’s Pace

  
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  According to the Bureau of Labor Statistics (BLS), there were 3.8 million jobs opening in the U.S. jobs market in the month of March, unchanged from February and lower than March 2012 (Source: Bureau of Labor Statistics, May 7, 2013.) The hires rate, which is the number of people hired relative to those already ...
  1 week ago

• Smart Reads May 10, 2013

  
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  ♦ Kofi Anna’s Africa Progress Panel releases a report lambasting Eurasian Natural Resources Corp for “opaque concession trading” costing the Democratic Republic of Congo $725m. ♦ With normal post-recession government employment expansion , US unemployment might be as low as 6.3 percent, but this recovery ...
  1 week ago

• Best Investments 2013: How the Mining Mess Will Send Platinum Soaring

  
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  Thanks to the hit gold prices took in mid-April, other precious metals also got caught in the downdraft - but some still look to be among the best investments of 2013. Take platinum, for example. It is currently trading at about $1,500 an ounce, well off its 52-week high of $1,734 an ounce. During the height ...
  1 week ago

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