Sentences with phrase «economic recession hit»

But since the economic recession hit four years ago, the calls to Clark County's Volunteer Lawyers Program have doubled, officials say.
Result: In 2008 a severe economic recession hit that took the stock market — and the world — several years to recover from.
The new tension on education's labor front, brought on in large part by the economic recession hitting much of the nation, is seen by many as potentially jeopardizing school reforms fostered by the long era of peace.

Not exact matches

Despite the cliché that Italians are living la dolce vita, Italy has been hit hard but the 2008 economic recession and has had to restructure its debt and pension obligations to government workers in order to receive bailouts from the EU.
In addition to its conservative economic values, Modesto and neighboring communities took a big hit from the Great Recession.
When the recession hit, healthy doses of fiscal stimulus supported economic growth.
Still, during this prolonged stretch of anxiety over when the next recession might hit, a figure who embodies sophisticated economic leadership is an invaluable political commodity.
Flaherty said the «modest» state of Canada's economic recovery and the slow rebound from the recession elsewhere mean the Canadian economy might not be able to take the hit of sharply higher EI premiums.
While it's impossible to predict when a recession will hit, there are often clues that warn of a potential economic downturn.
In the United States alone, just those companies in the S&P 500 have been hoarding more than $ 1.9 trillion in cash which began in response to jurisdictional tax disparities and global economic uncertainty following the Great Recession, then accelerated over the past decade as big U.S. corporations accumulated profits offshore in lieu of repatriating the funds and taking a tax hit.
Osteen said some of his church members have been hit hard by the recession, but he prefers to preach about the cures, not the causes, for the nation's economic ills.
After a short business recession during 1921 - 1922, the country hit its economic stride.
Steadily rising prices, the danger of continuing inflation, an economic recession as bad or worse than the Great Depression of the early 1930s, and widespread unemployment that can hit almost anywhere give plenty to worry about.
But that and many of the sport's other plans flamed out after the recession, when the states that many fans come from — Florida, Georgia, Alabama, Mississippi, Arkansas, and California — were hit the hardest by the economic crash.
Well, it looks as though the recession has hit even the D.C. area, which is usually immunized somewhat against bad economic times by the presence of the federal government and all who feed on it.
«This fiscal stress has been particularly acute in states that have relied heavily on tax revenues from economic sectors hit hard by the recession,» such as the financial industry, the Fed report stated.
«However, as we have learned in the past, the good times sometimes hit a bump in the road, the market has a possible downturn and an economic recession looms in the future.»
Erica L. Groshen, assistant vice president for domestic research at the New York Federal Reserve, showed how this recession is different from preceding economic downturns, and how this different kind of recession hits the IT industry particularly hard.
Endowments for museums and universities across the country have been hit hard by the economic recession, but the Field Museum has been pushed to its financial limits in part by recent expansion projects, including the $ 65 - million Collections Resource Center, a storage and laboratory facility that opened in 2005.
Indeed, the September 21st cover of TIME entitled «Out of Work in America,» profiles dozens of Americans, now ten percent of the working population, hit the hardest by the current economic recession.
School transportation inequities were highlighted during California's recent «trigger cut» years — when district budgets took major hits linked to the national economic recession.
Those without postsecondary training have experienced stagnant wages, were hit the hardest by the Great Recession, and have barely benefitted from the subsequent economic recovery.
The recession hit Canada and brought about a major economic downturn on the Canadian mortgage and housing market.
To cap off the bad news, the economic slowdown of 2008 - 09 hit the company's profits hard because Canadians thought twice about buying new leather coats in a recession.
Juicy Excerpt: The third scenario is that we could see an economic hit strong enough to bring on a significant recession but not so strong as to bring on a Second Great Depression; there is a range of possibilities that follow from any P / E10 level so it is at least possible that we could avoid another Great Depression...
The 2ndary mkt was never a place to liquidate your investments efficiently and will likely dry up once the DOJ news spreads; more lendees will default, thinking the ship is going down, especially if a recession hits; remember, P2P lending is completely unproven in bad economic times (ie, it simply wasn't around pre-2008).
Ramin Shokrizade used the economic model of a multiplayer online game to figure out what's wrong with our IRL economy, years before the recession hit.
Since a big recession might hit coal - burning utilities» customers more than other utility customers (to name one example) or hit coal - using industries like cement and steel more than others, one has to look carefully not only at CO2 emissions changes but at underlying economic activity or personal activity changes and how those are tied to emissions in a disaggregated way.
The worldwide economic recession that hit in 2008 affected the Canadian oil sands significantly.
Cars Down, Bikes Up While high oil prices and an economic recession are hitting carmakers hard, bicycle makers are selling more than ever.
The Cleveland / Parma area has been particularly hard hit by the economic recession.
This coupled with a high rate of corruption as well as the economic recession that hit the country hard are explanations for the attractiveness of Nigerians for cryptocurrencies.
Due to the economic slowdown and recession hit market conditions; many people are being laid off all across the globe.
Although our economic recession has had a dramatic impact over the past 2 years resulting in unprecedented job losses, it is a temporary influence as many of the hardest hit occupations, architecture and engineering are expected not only to recover but forecasts show continued growth through 2018.
By Lloyd R. Manning The economic recession is taking its toll, with businesses of all types being hit by the fallout.
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