2008 worldwide recession

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The 2008 worldwide recession began with the 2008 financial meltdown and continued for at least half a decade afterwards. It is arguably still continuing as of 2015, depending on which measures you choose (e.g. long-term unemployment remains high).

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Reference

• Wikipedia
• Conservapedia
• SourceWatch: no information as of 2015-02-07

Related

• 2011/12/01 [L..T] Do Europe's Minimum Income Schemes Provide Adequate Shelter against the Economic Crisis and How, If at All, Have Governments Responded? "The present economic crisis comes against the background of decades of policy changes that have generally weakened the capacity of social safety nets to offer citizens with adequate resources for financial survival when labour markets fail to do so. Building on data for 24 European Union countries, this paper asks whether EU governments implemented additional measures during the first phase of the crisis to improve safety nets."
• 2009/04/01 [L..T] Assessment of Minimum Income Schemes in Spain "...this report points out the need to make progress in cover for situations of social exclusion and need. It also makes clear that wide-reaching protective cover (such as Spain's) for situations of need is not enough if unaccompanied by quality services or enhanced protective intensity with a view to surmounting the situation of relative poverty. Nor is it sufficient if unaccompanied by real opportunities to enter the labour market."