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Author
Pub. Date
[2015]
Description
The Great Recession of 2007 wreaked enormous economic damage throughout the nation. Not only were employment losses the greatest since the 1930s but other aspects of labor market activity, such as labor force participation, declined to levels not seen since at least the late 1970s. The surge in unemployment and ensuing slow recovery in hiring placed tremendous strain on many state unemployment insurance trust funds. As a result, more than 30 state...