Even so, it can be helpful to put the current decline in context by comparing it with previous recession - induced bear markets. (hussman.net)
In fact, UK unemployment rates are so out of line with other economic indicators and what happened in previous recessions — improving even as the economy idles — that economists have been scratching their heads for an explanation. (newscientist.com)
While U.S. stocks did plunge during the 2008 — 09 recession, this wasn't always the case during previous recessions. (moneysense.ca)