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Report

Labor Markets and the Great Recession

Authors:

  • Michael Hout, University of California, Berkeley
  • Erin Cumberworth, Stanford University

Abstract

The Great Recession and the slow recovery since have been the longest economic slump in seventy years. It affected vulnerable populations more than others. In this brief, our aim is to put this disaster into historical context, looking first at the overall state of the labor market and then at how the economic harm has been distributed across the population by gender, level of education, and race and ethnicity.