The U.S. pandemic lockdown in 2020 caused a $2.3 trillion economic downturn and split the nation politically, and now some European nations are locking down again as Omicron surges through the global population.
Jan 21, 2022
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The onset of the Great Recession and, more generally, deteriorating economic conditions lead mothers to engage in harsh parenting, such as hitting or shouting at children, a team of researchers has found. But the effect is ...
Aug 5, 2013
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Arguments are still raging about how humanity could have been better prepared for COVID-19. Indeed, politicians who chose different approaches to handling the emerging viral pandemic and especially those who had abandoned ...
Nov 9, 2023
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Suicides among the youngest U.S. teenagers were rising for years before the pandemic—with school stress, social media and guns standing as potential factors, according to a new study.Researchers found that between 2008 ...
May 1, 2023
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People who experience threats to their existence—including economic and political instability—are more likely to experience miracles, according to a Baylor University study.
Aug 18, 2020
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The coronavirus pandemic catapulted the country into one of the deepest recessions in U.S. history, leaving millions of Americans without jobs or health insurance. There is a lot of evidence that economic hardship is associated ...
Jul 7, 2020
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New modeling released today by the University of Sydney's Brain and Mind Centre combines productivity and suicide data, demonstrating the benefits of acting urgently and effectively to flatten the mental health "curve."
May 14, 2020
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Consistent condom use among Western Australian sex workers has declined over the past decade. However, compared to the Australian general population, there are still high testing rates, higher rates of condom use and comparable ...
Nov 27, 2018
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Alberta has the highest rates of interpersonal violence of any province in Canada. In the last five years, nearly 75,000 Albertans have reported violence by a spouse or partner.
Mar 8, 2016
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The knock-on effects of the economic downturn have been explored in economy and psychology. Now researchers are examining the effects of unemployment on an even darker subject - cancer mortality.
May 14, 2015
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In economics, a recession is a general slowdown in economic activity over a sustained period of time, or a business cycle contraction. During recessions, many macroeconomic indicators vary in a similar way. Production as measured by Gross Domestic Product (GDP), employment, investment spending, capacity utilization, household incomes and business profits all fall during recessions.
Governments usually respond to recessions by adopting expansionary macroeconomic policies, such as increasing money supply, increasing government spending and decreasing taxation.
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