X

Thank you for sharing!

Your article was successfully shared with the contacts you provided.

The Associated Press analyzed nine economic recoveries since the Great Depression that lasted at least three years. By most measures, the recovery from the Great Recession of 2007-2009 is the weakest. The unemployment rate was 8.3 percent in July, 37 months after the recession ended in June 2009. Unemployment has never been as high this long after the end of a recession. Here is how unemployment rates compare, three years and one month after the end of the other recessions:

1948-1949 2.8 percent
1953-1954 4.3 percent
1960-1961 5.4 percent
1969-1970 4.9 percent
1973-1975 6.1 percent
1981-1982 7.0 percent
1990-1991 6.4 percent
2001 5.4 percent
2007-2009 8.3 percent

Complete your profile to continue reading and get FREE access to BenefitsPRO.com, part of your ALM digital membership.

Your access to unlimited BenefitsPRO.com content isn’t changing.
Once you are an ALM digital member, you’ll receive:

  • Critical BenefitsPRO.com information including cutting edge post-reform success strategies, access to educational webcasts and videos, resources from industry leaders, and informative Newsletters.
  • Exclusive discounts on ALM, BenefitsPRO magazine and BenefitsPRO.com events.
  • Access to other award-winning ALM websites including ThinkAdvisor.com and Law.com

Already have an account?

BenefitsPRO

Join BenefitsPRO

Don’t miss crucial news and insights you need to navigate the shifting employee benefits industry. Join BenefitsPRO.com now!

  • Unlimited access to BenefitsPRO.com - your roadmap to thriving in a disrupted environment
  • Access to other award-winning ALM websites including ThinkAdvisor.com and Law.com
  • Exclusive discounts on BenefitsPRO.com and ALM events.

Already have an account? Sign In Now
Join BenefitsPRO

Copyright © 2020 ALM Media Properties, LLC. All Rights Reserved.