great recession

COMMENTARY

Analysis: The Great Recession vs. the pandemic recession — women are getting the worst of it

BY: - October 7, 2020

We can already see parallels between the COVID-19 recession and the Great Recession that followed the housing crisis and financial crisis of 2008-09.   The Great Recession caused a severe disruption in consumer spending, private investment, stress on government budgets and, most importantly, jobs.   The pandemic recession looks as if it’s headed in the same direction.  […]

COMMENTARY

Tracking economic malaise and collapse through the lens of one northeast Minnesota county

BY: - May 22, 2020

From 2005 to 2015 — the years bracketing the extended impacts of the Great Recession — northeast Minnesota sustained the greatest share of Minnesota’s small business losses.  Losses associated with current COVID-19 restrictions are more abrupt and tougher on both employers and workers than in the previous period. As of 2017, which was the last […]