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Showing posts with the label job losses

Are We Still in a Recession?

There has been a lot of hype in the news lately about whether or not the recession has ending or is in the process of ending. Both President Obama and Ben Bernake, the chairman of the Federal Reserve Board, have stated that they believe the recession to be over, or at least near its end. Whether or not is has ended is certainly up for debate and below are articles from both sides of the argument. Recession 'Likely Over' Conference Board index shows continued economic improvement Job cuts ease in August 86 percent in US believe recession continues Economist sees strong chance of 'double-dip recession'