The Year in Economic Disasters

December 29, 2011 • 5:30 am PST
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Where are the jobs now, nearly four years after the recession began?

While it looks like we’re ending 2011 on high note, with respectable growth, employment and investment numbers in the final quarter of the year, on the whole, we’ve had twelve months of economic heartburn. High levels of unemployment affected millions of Americans and raised questions about just how long the United States can continue to guarantee a minimum of prosperity to anyone willing to work for it. Struggling gamely to recover from the financial crisis and recession, the U.S. economy has grown at an increasingly fast pace this year and helped reduce unemployment, yet it hasn’t expanded enough to provide sufficient jobs. Here are the six biggest acts of god and unforced errors that helped hold back the U.S. economy this year.

Photo via (cc) Flickr user Images_of_Money

Tim Fernholz
GOOD Business editor

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Follow all of next year's economic disasters (hopefully fewer of them) at www.good.is/business.

Posted in: Business

Tags: economy,; year in 2011

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