Jerome H. Powell, the Federal Reserve chair, emphasized this week that the central bank he leads could succeed in its quest to tame rapid inflation without causing unemployment to rise […]
Recession and Depression
Trending topics and news from the Recession and Depression category
Back to news homeFederal Reserve Walks a Tightrope Between Inflation and Recession
In an interview, James D. Hamilton, professor of economics at the University of California, San Diego, and a leading expert on the economic effects of oil shocks, said they had […]
Jobless for a Year? Employment Gaps Might Be Less of a Problem Now.
Some employers regard applicants with long periods of unemployment unfavorably, research shows — even if many are reluctant to admit it.The Status of U.S. JobsThe pandemic continues to impact the […]
How Inflation Affects Turkey’s Struggling Economy
The signs of Turkey’s disastrous economy are all around. Long lines snake outside discounted bread kiosks. The prices of medicine, milk and toilet paper are soaring. Some gas stations have […]
Poverty in U.S. Declined Thanks to Government Aid, Census Report Shows
The share of people living in poverty in the United States fell to a record low last year as an enormous government relief effort helped offset the worst economic contraction […]
Markets Work, but Untangling Global Supply Chains Takes Time
Now, there are higher prices for base materials like steel and aluminum. There are suppliers being forced to raise wages sharply to keep assembly lines operating. There are semiconductor manufacturers […]
The Recession Isn’t Over Till They Say It’s Over. (But Who Are They?)
“I think way back in March of 2020 there was a question of: ‘Should we call this a recession?’” said Tara Sinclair, an economist at George Washington University who studies […]
Europe’s Summer of Recovery Is More Fragile Than It Looks
ALBUFEIRA, Portugal — Until last week, Raissa Moura and her co-workers at the reception desk of the Pine Cliffs Resort were feeling optimistic that life was returning to normal along […]
Inflation Fears Rise as Prices Surge for Lumber, Cars and More
Turn on the news, scroll through Facebook, or listen to a White House briefing these days and there’s a good chance you’ll catch the Federal Reserve’s least-favorite word: Inflation. If […]
The Jobs Report: The Boom That Wasn’t
It’s a little secret of the news business that for some anticipated events, like a Supreme Court decision or the death of a prominent figure, we pre-write much of an […]