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    recession

    NPR
    The Coronavirus Crisis
    Signs in the window of a retail store offers discounts, and jobs, in Santa Monica, Calif. U.S. GDP grew at a record-setting rate, reflecting pent-up activity after the coronavirus lockdowns, but economists warn of trouble ahead.
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    U.S. Economy Grows At Record Pace But Still Has A Long Way To Go

    Oct 29, 2020
    U.S. GDP grew at a record 33.1% annualized pace in the third quarter, erasing some but not all of the damage done by the coronavirus recession.
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    NPR
    The Coronavirus Crisis
    A store advertises discounts in Santa Monica, Calif., on July 28 amid the coronavirus pandemic. Economic growth data on Thursday are expected to show a record-setting figure for the third quarter, but that covers the more worrisome picture underneath the
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    Last Report Card On U.S. Economy Before Elections Will Be A Blockbuster

    Oct 28, 2020
    The U.S. is expected to report record-setting economic growth in the most recent quarter. But that won't repair all of the damage done during the spectacular downturn three months earlier.
    KNPR
    KNPR's State of Nevada
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    State Lawmakers Check In About The Special Session

    Jul 10, 2020

    State lawmakers will meet for the third day of the 31st special session of the Legislature on Friday.

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    NPR
    Planet Money
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    Why Reopening Isn't Enough To Save The Economy

    Jun 23, 2020
    A blockbuster new study digs into the economics of the pandemic.
    NPR
    The Coronavirus Crisis
    A worker paints over a Louis Vuitton storefront boarded up due to the coronavirus outbreak on March 30 in San Francisco.
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    The Rich Have Stopped Spending And That's Tanked The Economy

    Jun 17, 2020
    While retail sales bounced back in May after a deep drop in March and April, the wealthiest Americans are not spending as freely as they did before the pandemic. And that could limit the recovery.
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    NPR
    Goats and Soda
    Boys walk past shuttered businesses in the township of Khayelitsha in Cape Town, South Africa, during the coronavirus lockdown. This recession is the first triggered solely by a pandemic, and low-income countries are particularly hard-hit.
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    World Bank: Recession Is The Deepest In Decades

    Jun 12, 2020
    The World Bank issues a report this week detailing the extent of the recession, the first caused solely by a pandemic. Its findings are sobering — but do offer a glimmer of hope.
    NPR
    Coronavirus Live Updates
    An employee sets a table for pickup orders at a restaurant in Arlington, Va. Even as states are moving to reopen their economies, tens of millions are out of work.
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    Federal Reserve Vows To Help Economy Weather The Pandemic Recession

    Jun 10, 2020
    The Fed leaves interest rates near zero as expected, and promises to use all of its tools to support the economy. Officials project unemployment above 9% at the end of this year.
    NPR
    Coronavirus Live Updates
    Boxes of food are loaded on vehicles last month at the Los Angeles Regional Food Bank. The country has officially entered a recession amid the pandemic, the National Bureau of Economic Research said Monday.
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    It's Official: U.S. Economy Is In A Recession

    Jun 08, 2020
    The committee tasked with marking U.S. business cycles says the economy peaked in February and has since been in a recession triggered by the pandemic. But it says the recession could be short-lived.
    NPR
    Coronavirus Live Updates
    Federal Reserve Chairman Jerome Powell says while the coronavirus is likely to cause Depression-era levels of unemployment, the economy should recover faster than it did in the 1930s.
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    Fed's Powell Says Sharp Downturn Won't Last

    May 18, 2020
    Fed Chairman Jerome Powell warns it could be another year and a half before the U.S. recovers from the economic fallout of the pandemic. But he says this will not be another Great Depression.
    NPR
    Coronavirus Live Updates
    The U.S. economy shrank in the first quarter, as the coronavirus lockdown began. The April-to-June quarter is expected to be worse.
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    'Tip Of The Iceberg': Economy Shrinks At 4.8% Pace, But Worst Is Yet To Come

    Apr 29, 2020
    The economy contracted in the first quarter of 2020 as the coronavirus began to take its toll and spending dived. It's the first quarterly drop in six years and a likely precursor to a deep recession.
    NPR
    Coronavirus Live Updates
    With flight schedules slashed, airline counters at Reagan National Airport are empty. The fallout from the coronavirus will be much worse than during the financial crisis, the International Monetary Fund says.
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    IMF Warns Of Steepest Recession Since The Great Depression

    Apr 14, 2020
    The fallout from the coronavirus will be much worse than that of the financial crisis, the IMF says. The global economy is expected to shrink by 3% this year; the U.S. GDP could fall twice as much.
    NPR
    Coronavirus Live Updates
    The monthly employment report for March is based on surveys conducted three weeks ago, before the widespread closing of restaurants, retail shops and other businesses began.
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    U.S. Lost 701,000 Jobs In March; Much Worse To Come

    Apr 02, 2020

    For the first time in nearly a decade, the economy suffered a net loss of jobs as the coronavirus began to take hold in the country. The unemployment rate shot up to 4.4%.

    NPR
    Coronavirus Live Updates
    Forecasters say the government's aggressive efforts to slow the spread of the coronavirus will trigger the sharpest slowdown in the U.S. economy on record.
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    U.S. Economic Slowdown In Coming Months Expected To Be Worst On Record

    Mar 20, 2020
    Forecasters say the government's aggressive efforts to slow the spread of the virus will trigger the sharpest slowdown in the economy on record. Some see GDP shrinking a staggering 24%.
    KNPR
    KNPR's State of Nevada
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    Threat Of Recession Looms Like A Dark Cloud Over Nevada

    Oct 21, 2019

    Growth in the global economy is stalling. Trade tension with China is at an all-time high. 

    So is a recession near? Many economists say yes. 

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    NPR
    Economy
    The manufacturing sector has seen a slowdown amid the continuing U.S. trade war with China.
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    Tepid U.S. Jobs Report Adds To Economic Jitters

    Sep 06, 2019

    The Labor Department says U.S. employers added 130,000 jobs in August, fewer than private analysts had expected. The unemployment rate was unchanged at 3.7%.

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    NPR
    Economy

    Manufacturing Shrinks For 1st Time In 3 Years On Trade Tensions

    Sep 03, 2019
    Manufacturing activity in the U.S. shrank last month for the first time in three years. Factories are especially sensitive to international forces, including the ongoing trade wars.
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    NPR
    Economy
    President Trump is downplaying the odds of a recession, but he's also calling on the Federal Reserve to cut interest rates again.
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    Trump Dismisses Recession Fears, Saying Fed Must Help The Economy

    Aug 19, 2019
    The Trump administration pushed back hard against warnings of an economic slowdown. But the president is also calling on the Federal Reserve to cut interest rates again to help boost growth.
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    NPR
    Business
    Major U.S. stock indexes posted small gains Thursday, a day after their steepest drops of the year.
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    Stock Markets Take A Breather After Steep Drop

    Aug 15, 2019
    Investors paused to catch their breath Thursday after the stock market suffered its worst drop of the year the day before. Consumer spending is still strong, despite signs of a looming recession.
    NPR
    Europe

    U.K. Economy Shrinks, Taking A Step Toward Recession For First Time Since 2012

    Aug 09, 2019
    If the U.K. sees similar negative growth in the current quarter, the country will officially be deemed to be in a recession.
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    NPR
    Profiles Of America In Full Employment
    Courtney Hering, who is getting married next year, is planning a slightly more lavish wedding reception. After seven years at Kohler, she finally feels like she has found a professional home.
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    2-Tiered Wages Under Fire: Workers Challenge Unequal Pay For Equal Work

    May 21, 2019
    For years after the Great Recession, employers were reluctant to boost wages. Now a tight labor market is giving workers the leverage they need to demand a larger slice of the nation's economic pie.
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    NPR
    Business
    Major U.S. stock indexes fell Friday as short-term Treasury yields exceeded those on long-term bonds, in what some analysts consider a sign that a recession may be coming.
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    Stocks Indexes Drop As Bond Market Flashes Recession Warning

    Mar 22, 2019
    The bond market flashed an ominous warning Friday, as the yield on long-term government debt dipped below that of short-term bills. That unusual situation often signals a recession on the horizon.
    NPR
    Business
    Job seekers line up to enter a career fair in Los Angeles, on Dec. 1, 2010. At the peak of the recession, the unemployment rate hit 10 percent. It's now 4.1 percent.
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    Unhappy 10th Anniversary, Great Recession. You Still Hurt Us

    Dec 14, 2017
    The Great Recession began exactly one decade ago this month. Although the economy has been growing steadily for years, the downturn's impact is still deeply felt by millions who lost homes and jobs.
    KNPR
    KNPR's State of Nevada
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    Have We Already Forgotten The Recession?

    Jun 06, 2017

    In some ways, it still seems like it was just yesterday.

    The Great Recession devastated Nevada.

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    NPR
    The Two-Way
    A man reads job advertisements in January 2017, in downtown Sao Paulo. Brazil is facing an unemployment crisis.
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    Brazil's Recession The Longest And Deepest In Its History, New Figures Show

    Mar 07, 2017
    Brazil's recession was already of historic proportions. Today, government figures from 2016 confirm that it has grown even worse. Nearly 13 million Brazilians are unemployed.
    KNPR
    KNPR's State of Nevada
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    Are Pahrump's Recession Scars Healing?

    Mar 04, 2016

    Over the hump some 60 miles from Las Vegas sits Pahrump.

    The unincorporated town with 36,411 residents continues its slow recovery from the Great Recession.

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