By Andrew Moran Employment data continue to send mixed signals about labor market conditions as the number of Americans filing new applications for unemployment benefits declined to a one-month low. For the week ending Sept. 13, initial jobless claims fell by 33,000 to 231,000, the lowest level since the middle of August, according to new […]
Tag: Economic Depression
An economic depression is a period of sustained, long-term downturn in economic activity in one or more economies. It is a more severe economic downturn than a recession, which is a slowdown in economic activity over the course of a normal business cycle.
