Psychology & Psychiatry

Negative financial shock increases loneliness in older adults

Older adults suffering a financial shock, defined as a loss of income, experienced elevated levels of loneliness, but this effect decreased during the Great Recession, according to a new report published in the journal Social ...

Diseases, Conditions, Syndromes

Europe's hospitals bow under the weight of coronavirus crush

Setting up makeshift ICU wards in libraries and conference centers, embattled European medical workers strained Friday to save thousands of desperately ill coronavirus patients as stocks of medicine, protective equipment ...

Medical economics

Unemployed workers less likely to be uninsured post-ACA

(HealthDay)—Following implementation of the Affordable Care Act (ACA), unemployed workers were less likely to be uninsured, and uninsurance rates decreased more in states with Medicaid expansion, according to a report from ...

Diseases, Conditions, Syndromes

How does coronavirus affect young people's psyches?

The coronavirus outbreak exacts a hidden toll on young adults as it shapes values and harms health. It's the latest calamity for a generation that has experienced life-altering disruptions, from 9/11 to the Great Recession, ...

Diseases, Conditions, Syndromes

Virus pandemic's reach worsens; 10,000 dead worldwide

The U.S. warned Americans to avoid all international travel and told citizens abroad to return now or face an "indefinite" absence, and California's governor asked all 40 million residents to stay home, to try to slow a pandemic ...

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Recession

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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