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Tag: Evictions

Photograph by Ed Yourdon, "Recession special at Gray's Papaya shop." Photograph uploaded to Flickr Creative Commons on March 12, 2009, taken on March 10, 2009. Protected under the CC BY-NC-SA 2.0 DEED license. The Economic Roundtable has not changed, remixed, transformed, or built upon the material, and is not using it for commercial purposes.

Ebbing Tides in the Golden State: Impacts of the 2008 Recession on California and Los Angeles County

June 8, 2009 / By Daniel Flaming, Patrick Burns and Michael Matsunaga / Economic Roundtable, the California Endowment

The most concrete characteristic of a recession is that demand disappears for some of the commodities produced by workers and unwanted unemployment is imposed on a large segment of the labor force. With growing job losses in the current recession it is important to know, whose boat falls when the economic tide recedes? 

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