Before the coronavirus pandemic forced businesses and schools to close, high school and college graduates from the Class of 2020 could have expected to graduate into the strongest job market in 50 years. Now, due to massive economic fallout, the Class of 2020 is at risk of graduating into a recession. This souring economy has important implications for more than 3.5 million students […] … learn more→
Tag Archives: recession

COVID-19 could shrink the earnings of 2020 graduates for years to come
Iceland’s Loonie idea: will ditching the krona solve its currency quagmire?
After having gone through a dramatic financial meltdown and two years of recession in 2009 and 2010, Iceland started to recover in 2011 and IMF estimates now indicate that economic growth should average between 2.5% and 3% over the short-medium term. Yet the country is in a post-crisis transition and a number of systemic and […] … learn more→