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Advocates warn now is not the time to cut programs that help the poor. The state has reserves to weather a tough year but a recession, which many economists say is likely, could deepen the deficit.
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California’s Employment Development Department struggled to keep up with the demands of the pandemic. But a potential recession isn’t likely to be as intense, and the department has made several changes that could smooth the process of getting benefits.
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In their latest quarterly revenue forecast, state economists offered two possible scenarios for the coming years: diminished economic growth or outright recession. That won't stop Oregonians from seeing a massive tax refund.
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U.S. employers added 528,000 jobs in July, showing the labor market remains strong, despite high inflation and softening economic growth. The unemployment rate fell to 3.5%.
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The Great Depression lasted a dozen years in the United States, and was only replaced by World War II. The Great Recession of 2008 ended a lot sooner.…
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When historian Studs Terkel wanted to know how people really felt about their jobs, he traveled with a tape recorder and asked them. Rana Khoury recently…
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Phew, good thing the Great Recession is over. We sure learned a lot of lessons from the financial collapse of 2008. Didn't we? Time magazine Assistant…
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Oregon seems to take longer to emerge from recessions than the rest of the country. And Medford seems to take longer than other Oregon metro areas. While…
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The art of accounting is a very old and useful one. It helps us know where the money goes, in personal and business and governmental accounts. But as…