From chief economics correspondent Chris Farrell Eventually, the recovery will bring down the unemplpyment rate are incomes will start growing again. Problem is, the job and income effect of the great recession and anemic recovery will linger for years for many people. For example, take young college graduates. It’s been a tough job market for…
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From chief economics correspondent Chris Farrell The Great Recession was still in full force for much of 2009 when I wrote The New Frugality. The book came out in January, 2010 and by then we knew that the recession had been the longest, deepest, and most punishing downturn since the 1930s. Very few people were…
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