One key legacy of the Great Recession will be the damage it caused to the labor market, says Mary Daly. That damage is deep and wide. And it only just begins to show up in the stats discussed in the media.
In the first installment of a new series from the Federal Reserve Bank of San Francisco, Daly--Associate Director of Research and Group Vice President at the bank--discusses four distinguishing characteristics of the recession and its impact on unemployment.
02-16-2012 9:15 AM