He earned these accolades by guiding the country through
the worst of the recession, building a reputation as an expert on complex financial reform, and snagging the top spot at the Financial Stability Board, an international body crafting new policies for global finance.
Crude oil rose to the highest close since November on speculation that
the worst of the recession is over.
Many baby boomers who delayed their retirement during
the worst of the recession have recently felt confident enough to retire, he said.
(CNN)-
The worst of the recession may be over for some of America's churches, a survey released Wednesday on religions donations indicated.
By Jim Harris ith
the worst of the recession behind it, Shake's Frozen Custard is ready to mark its 20th anniversary with new locations and tasty new frozen treats.
«Through
the worst of the recession, we made thousands of agreements to save jobs and keep plants open.
Business secretary Peter Mandelson has pointed to recent economic indicators as a sign that
the worst of the recession may be over.
Vanderhoef, who is currently serving his final term, spent a significant amount of time discussing the county's budget woes, assuring county residents
the worst of the recession was over but more structural changes were necessary.
We look forward to a general election next year, when steps have been taken to restore some faith in democracy, and, we hope, we are through
the worst of the recession.
The most recent of these reports shows that
the worst of the recession may be over, but whatever direction the economy turns, Science Careers will be there in 2010 to chronicle what happens.
No wonder: The TSX is now up 50 % from the March 2009 low, and
the worst of the recession appears to be over.
The worst of the recession seems to be in the past, giving consumers more disposable income for fun gifts this holiday season.
But since Canada escaped
the worst of the recession, it didn't make sense for National to run it.
Three - quarters of SMEs in the professional services sector think
the worst of the recession is behind them, and expect to increase or maintain sales in the next 12 months, according to a survey by insurance group, QBE.
Although we've left
the worst of the recession behind us — especially with a sharp rebound in the unemployment figures which always favor job seekers with college diplomas — there is a lot of attention being given to new thinking regarding the linkage of higher education to the global workforce and the so - called «return on investment» of a college education....
New construction dropped off a cliff during
the worst of the recession.
But they say military buyers would insulate the market against a dip if the credit does expire, which has been the case during
the worst of this recession.
By Richard Florida THE NEW REPUBLIC August 12, 2010 Speaking at a health care reform rally in Raleigh, North Carolina, in July 2009, President Obama declared that
the worst of the recession was over.
«We believe that we have seen
the worst of this recession and that the real estate market in The Beach will remain strong.
Canadians clearly believe that
the worst of the recession is behind them and that the real estate market is on the path to sustainable recovery.»
Not exact matches
Interestingly, none
of the months in or immediately following the
recession saw more than two CMAs simultaneously have «
bad» months.
These companies use political contributions and armies
of lobbyists to cajole governments to ignore the consequences: an economic crisis
worse than the recent
recession awaits if these nations fail to spark growth in areas that can stimulate growth and create jobs.
Worse yet, according to Siu, this shift would most likely come in the midst
of a
recession, when the industry is looking for new ways to cut costs.
In this case, the American Enterprise Institute took some restaurant industry employment data for Seattle from the Federal Reserve Bank
of St. Louis and blamed a higher minimum wage for the
worst decline in restaurant jobs since the Great
Recession.
According to research by MarketWatch, it's the stock's
worst six - day loss since November 19th, 2008, near the peak
of the Great
Recession.
Worse, PBO head Kevin Page claimed that the bulk
of this deficit was «structural» — that is, not a consequence
of the stimulus spending and automatic stabilizers that kicked in during the
recession.
Many Canadians didn't want to hear it; jumping into the TSX in October 2008, in the midst
of the
worst recession in decades, seemed ridiculous, to say the least.
The professional watchers
of the Bank
of Canada were
badly embarrassed by Governor Stephen Poloz's decision to take out
recession «insurance» in January.
Lots
of people got walloped by the Great
Recession, but young people who graduated into one
of the
worst job markets in decades took a particularly
bad beating.
That drop seems
bad, until you consider this: A bunch
of economists saw it coming, even before the
recession.
This
recession is different from other
recessions in its scope and depth, and the
worst thing you can do is more
of the same.
A lot
of people were
badly surprised by the
recession and forced to sell their McMansions and BMW 3 Series.
Some naysayers can point to an earnings
recession among large U.S. companies as a sign
of worse things to come.
The Bank
of Canada, for example, presently maintains its overnight rate at 1 %, up marginally from a low
of 0.25 % during the
worst moments
of the
recession.
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).
There's never a
bad time to start a health care company, and billions
of VC dollars were already flowing into clean - tech before this
recession.
And Nevada's housing market, battered so
badly in the
recession, is showing some real signs
of life.
How to interpret it: One
of the
worst aspects
of a
recession is lost jobs, so much attention is rightly paid to the official unemployment rate.
The year is shaping up to be the sixth straight
of worse - than - before - the - Great -
Recession economic conditions for small companies.
If you start the clock in 2007, we are nearing a decade
of talking about the U.S. economy as either being on the verge
of disaster, in the throes
of the
worst recession since the Great Depression, or stuck in an endless and disappointing recovery.
But at a time when Europe is in the grip
of the
worst recession since World War II, a cluster
of villages in Switzerland has rebuffed the chance to reap the benefits
of the gold deposits buried underfoot.
«It wasn't that long ago we were suffering through one
of the
worst recessions in Nevada history with 14.5 percent unemployment.»
The FHA program also allows individuals to purchase homes at very low interest rates to create another influx
of cash for our economy and prevent this
recession from getting
worst.
The fact is the financial crisis and the
recession were not the result
of normal economic cycles or just a run
of bad luck.
«Seldom do things look this
bad for the factory sector outside
of recession,» said Tim Quinlan, an economist at Wells Fargo Securities in Charlotte, North Carolina.
The next best 5 - year period began in July 1982, amid an economy in the midst
of one
of the
worst recessions in the postwar period, featuring double - digit levels
of unemployment and interest rates.
Looking back to one
of the
worst recessions in recent times, many people believe that the independent bond rating agencies played a pivotal part in the 2008 downturn.
Eight years after the beginning
of the last
recession, the economy is in much
worse shape than was expected — at least judging from the forecasts that the Congressional Budget Office published back in August 2007.
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.