Dave Prentis, Unison secretary general, said: «Our survey dispels the myth that public sector workers are immune from
the worst effects of the recession.
Not exact matches
But there, too, it's impossible to fully separate out the
effects of the
recession (loans going
bad, borrower demand drying up, revenue shrinking) from the
effects of the post-crisis regulation (increased compliance costs and business restrictions).
What will make this
recession worse than average is not the fact that a couple
of additional industries are affected, but that the extreme speculation and excessive debt
of recent years will propagate the
effects of this downturn through the financial system.
This ignores the
effect of the
worst recession since the Great Depression, and the still incomplete recovery.
The nation's school districts are facing a budget crisis that is expected to only get
worse as the
effects of the
recession linger.
The
recession has had its
effect on the lives
of people, to the extent that there is a considerable rise in the numbers
of individuals with a
bad credit history.
By comparison, the Great
Recession lowered global GDP by about 6 percent, in a onetime shock; Hsiang and his colleagues estimate a one - in - eight chance
of an ongoing and irreversible
effect by the end
of the century that is eight times
worse.
Although Canadian firms were insulated from the
worst effects of the global
recession, Clay says all the issues affecting U.S. law firms are at play in Canada as well.
If you're still suffering from the
effects of the
recession, or you're just generally afraid
of making a
bad investment, this is the book for you.
As the country shakes off the
effects of the
worst economic
recession in recent history, RE / MAX Chairman and Co-Founder Dave Liniger sees good news for homebuyers and sellers in 2012.