Unemployment and Income in a Recession
Publication Date: December 2008
Author(s): Gregory Acs
Keywords: recovery; recession; unemployment
Coverage: United States
With many forecasting a long and deep recession, a
look back at how individuals and families fared leading up to, during, and after the economic downturns of the past 35 years could help policymakers deal with the current economic crisis.
This brief, part of the Urban Institute's "Recession and Recover" series, assesses how unemployment and household income change as the economy moves through a recession and into recovery.