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Labour Economic Monitor (December 2008)

Labour Economic Monitor (December 2008)

The May 2007 issue of Labour Economic Monitor compared a booming economy to a party, where some of the guests have a bit too much to drink and get carried away. Well, the party is over, and it’s time to clean up the mess. The crash of financial markets in 2008 pushed the whole global economy into recession, and no one knows how deep or how long this downturn will be.