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And when did the recession begin?
As the current financial crisis and the Great Recession begin to ease, executives may be tempted to heave a sigh of relief and return to the comfort of business as usual.
If we have a recession begin in 2019 or 2020, Federal Reserve over-reaction will likely be a cause.
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And then the recession began.
The last recession began in March 2001.
Participation has soared since the recession began (see chart).
Seven years since the recession began: how America is faring.
That does represent a slight decline since the recession began.
A decade ago, as the recession began, it was nearly 20percentt.
The US has lost 6.7m jobs since the recession began.
In July of that year, a recession began.
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