Related topics: net income · intel · economy · jobs · economic downturn

Economic recovery kept more robots from eliminating jobs

A strong economic recovery over the past decade has saved many jobs and slowed automation in the United States, but a new report says less-educated, younger and minority workers in the Midwest manufacturing industry are being ...

Drones help map Iceland's disappearing glaciers

A new 3-D process which involves old aerial photos and modern-day drone photography has shed light on accelerated ice loss from some of Iceland's largest glaciers.

The impact of consumer finance reforms since the Great Recession

In an important new article, University of Pennsylvania Law School Professor Natasha Sarin deploys original empirical research to examine the impact of key consumer finance reforms implemented in the wake of The Great Recession. ...

Novel mechanism of inheritance detected

Non-Mendelian, oligogenic inheritance could be an unrecognized and important element for occurrence of hereditary retinal degenerations (HRDs, comprising retinitis pigmentosa) which are caused by ultra-rare mutations and ...

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Recession

In economics, a recession is a general slowdown in economic activity over a sustained period of time, or a business cycle contraction. During recessions, many macroeconomic indicators vary in a similar way. Production as measured by Gross Domestic Product (GDP), employment, investment spending, capacity utilization, household incomes and business profits all fall during recessions.

Governments usually respond to recessions by adopting expansionary macroeconomic policies, such as increasing money supply, increasing government spending and decreasing taxation.

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