अर्थशास्त्र के अनुसंधान जर्नल

The Case of Two Recent Recessions 2008 and 2020: Lessons for the Youth and for the Long Term Unemployed Implications for Career and Employment Service Practitioners

Robert H Tiell and S Charles Malka*

As we reach a post pandemic calming in the United States and as we recall COVID-19’s immediate unemployment peak at record highs, it begs the question as to how our pandemic driven recession compared to recession patterns witnessed during the 2008 economic crisis. By virtue of their wealth of experience in the career, employment, workforce and business fields, the authors have chosen to share their observations relative to both the 2008 and 2020 recessions, touching on major differences between these two recessions and assessing implications for delivering career and employment services especially to two at risk populations the Long Term Unemployed (LTU) and youth populations.