Recession
States' jobless funds are being Drained in Recession
Peter Whoriskey, Washington Post, 22 december 2009
The recession's jobless toll is draining unemployment-compensation funds so fast that according to federal projections, 40 state programs will go broke within two years and need $90 billion in loans to keep issuing the benefit checks.
Gov't may say recession over but not job losses
Associated Press, 27 October 2009
It's about to become official: The recession is over - but not the pain.
The government will release figures this week expected to show that the economy has awakened from its deepest slump since the 1930s and is in the early stages of a recovery. But the following week, the government will issue another set of figures expected to show unemployment continuing to rise toward and possibly above a clearly recessionary 10 percent.
IMF policies deepened financial crisis, says CEPR
Kathryn Hopkins, The Guardian, 5 October 2009
Policies implemented by the International Monetary Fund (IMF) during the global downturn further exacerbated the crisis in many countries, a leading thinktank said today.




