Job creation in the US hit 29-year low in 2009 at peak of Great Recession
Mar 28th, 2011 | By Finfacts Ireland Business & Finance Portal | Category: News worldwide
In 2009, at the height of the Great Recession, the US economy experienced historically large declines in job creation rates from startup and existing firms - - the lowest rates in nearly 30 years - - while job losses also increased.