Looking back to the Great Recession

Looking back to the Great Recession

Jun 02, 2020

148 Views

0 comments

As the world gears up to head into a recession in a post-pandemic world, we can't help but look back at the Great Recession of 2007 - 2009, which caused economic chaos in recent times. 30 million people had lost their jobs, household net worth plummeted by 18 per cent, and there were more than $10 trillion in losses. So how did the US labor market recover from these dismal damages? And what lessons can we draw from the past to rectify our current day crisis? Read the whole article for deeper insights: https://www.ncbi.nlm.nih.gov/pmc/articles/PMC5959048/ 

Previous days news

Comments

    Others news
    Article
    Here Is How to Answer These 5 Tricky HR Questions

    During an interview, you’re not only asked questions according to your credibility and qualificatio ...

    Know the Work Habits of Highly Effective Employees

    The employees are the most valuable assets of any organization. It’s their credibility, efficiency, ...

    Hiring Secrets of The Most Successful Companies

    A successful company not only has growing revenues, but it also boasts of a brilliant workforce. Ma ...

    Top 5 Challenges of HR Professionals During COVID-19 Pandemic

    When it comes to the talks of the unemployment rate due to COVID-19, experts compare it to the Grea ...

    Show more news