recession

Politics

The UK towns and cities facing ‘double distress’ as coronavirus recession bites

Communities already gripped by unemployment are set to be plunged deeper into misery as the coronavirus jobs crisis unfolds, a report warns tonight. Neighbourhoods battling “employment deprivation” face being hit harder by looming job cuts, according to a study by the Communities in Charge campaign. It says: “We found that 44% of neighbourhoods in the […]

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For the first time in US history, a decade will pass without the country falling into a recession

In every decade since the period immediately before the Civil War, the US economy could be relied on to do one thing: tumble into recession. But the American economy is on pace to defy that trend for the first time in nearly 170 years as it enters the 2020s. The 2010s would be first time […]

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