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Recession

In economics, a recession is a business cycle contraction, a general slowdown in economic activity over a period of time.

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  • Why We Must Fire Bad Teachers

    …have noticed an uptick in the academic quality of new teachers, at least at the high-school level, possibly because the recession has limited other job opportunities. One of the unions, the AFT under Randi Weingarten, seems to realize that sheer obstructionism …

    03/06/2010Culture
  • Taking Care Of Business…And Jobs

    …The sense was that all cities needed to do was focus on the amenities," Katz says. "This recession has been a wake-up call." Post- recession , Katz says cities need to work harder to develop their service economies; their relationships …

    03/05/2010Leadership
  • Slow-Motion Merkel

    …solvency threatened to infect Spain, a much bigger economy caught in a downward spiral of 20 percent unemployment, continued recession , and a budget deficit that's soared past 12 percent of GDP. Portugal, Ireland, and Italy look little better. Richer …

    03/05/2010International
  • Fiscal Follies

    And if there's a year in which the economy unexpectedly shrinks by a few percentage points (as happened in 2009) Congress would be required to go back and hack at spending it had already approved—in the midst of a recession .

    03/04/2010Blogs
  • London Rising In the East

    …their pound go further—have pushed eastward, establishing islands of gentrification. (The squeeze continues post- recession ; in much of London prices are on the rise again.) And if the East End is still edgy—four of Britain's 20 poorest …

    03/04/2010The Good Life

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