1. analysis of the 2001 recession
... restore stock market functioning. With an already struggling economy, the terrorist attacks of September 11th 2001 confirmed that the United States was in a recession. The U.S. unemployment rate skyrocketed. It is noticed that employment peaked in March 2001 and subsequently declined through January 2002. (Employment Situation Summary.) February 2002 marked the first increase in employment in seven months. In a ... Labor Department report ending September 22nd 2001, it reported, "New jobless claims jumped by a seasonally adjusted fifty eight thousand to four hundred and fifty thousand. ...
- Word Count: 2800
- Approx Pages: 11
- Has Bibliography
- Grade Level: High School