EU: Eurozone recession to be worse, rebound slower

EU: Eurozone recession to be worse, rebound slower Businessweek BRUSSELS (AP) — Europe's economy is still reeling and unemployment could remain high for years in spite of the progress made in solving the debt crisis, the European Union warned Wednesday as it downgraded its forecasts for the 27-country bloc. See all stories on this topic »

The economy Obama faces: Slow but gaining steadily The Associated Press And, oh yes, an economy that risks sinking into another recession if Congress can't reach a budget deal to avert tax increases and deep spending cuts starting in January. Yet the outlook isn't all grim. Signs suggest that the next four years will ... See all stories on this topic » The Associated Press

Long Greek recession can end next year: EU Reuters ATHENS (Reuters) - Greece's battered economy will begin to claw its way out of a six-yearrecession in the second half of next year and grow modestly in 2014, the European Commission forecast on Wednesday. Offering a more optimistic outlook than the ... See all stories on this topic »

The Great Recession Is Just Like The Great Depression Forbes The parallels between the Great Recession we're suffering through now and the Great Depression pre WWII are rather closer than many seem to think. And no, I don't mean in the sense that “Wall Street messed up now we're all suffering”. Nor even in the ... See all stories on this topic »

September job openings tick down to 3.56 million MarketWatch WASHINGTON (MarketWatch) -- Job openings at U.S. workplaces ticked down to 3.56 million in September from 3.66 million in August, the U.S. Labor Department reported Tuesday. Compared with the prior year, job openings rose 2% -- private openings ... See all stories on this topic »

Outrageous misconceptions surround recession Opelousas Daily World This country is at a historic crossroads, and the path we've chosen can determine our future far beyond the next four years. Our children and grandchildren may someday bless us or curse us for how we voted. Against that background, it is painful to see ... See all stories on this topic »

Forex: EUR/USD plunges on EU recession in 2012 NASDAQ FXstreet.com (Barcelona) - Besides of keeping an eye on the Greek Parliament vote on austerity, totaling an amount of €13.5B, to ensure the next aid tranche from donor countries, and consequently, to keep Greece from bankruptcy, the market is now ... See all stories on this topic »

Recession-hit graduates doubt the value of their degrees Telegraph.co.uk The lack of available graduate jobs during the recession meant 40 per cent of graduates leaving university in 2009 were in non-graduate jobs 18 months after finishing their degrees, according to the study. A comparable study following students who ... See all stories on this topic » Telegraph.co.uk

Why A Recession Is Unlikely Now Seeking Alpha Measured by real output (GDP), the U.S. economy has made a complete recovery from the 2007-2009 recession now that real output in Q3 of this year at $13.6 trillion (2005 dollars) was 2.2% (and $290 billion) higher than the $13.32 trillion of real GDP ... See all stories on this topic »

The Recession Probabilities Index Is Predicting A 100% Chance Of Recession Business Insider During my usual morning reading process I came across a posting on PragCap by Cullen Roche regarding a chart of U.S. recession probabilities. The chart can be found at the St. Louis Federal Reserve website and is derived from a study by J. Piger and M. See all stories on this topic »