Which of the following best summarizes the impact of the 2007 recession in the United States?

Question

(1 point)

• It was a fairly short recession and its effects were felt only by the very poor.

• The recovery was long and difficult, with high unemployment.

• It affected older, experienced workers more severely than young workers.

• The recession caused state and local governments to hire more people.

Answer 1

The option that best summarizes the impact of the 2007 recession in the United States is:

• The recovery was long and difficult, with high unemployment.