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O'Leary, Christopher J.; Eberts, Randall W. – W. E. Upjohn Institute for Employment Research, 2009
This paper examines labor market conditions and public employment policies in the United States during what some are calling the Great Recession. We document the dramatic labor market changes that rapidly unfolded when the rate of gross domestic product growth turned negative, from the end of 2007 through early 2009. The paper reviews the…
Descriptors: Economic Climate, Financial Problems, Economic Factors, Human Capital