The recession that began in 2001 was:
A) long and deep.
B) short,but very deep.
C) mild and had little effect on unemployment.
D) mild and didn't last long,but employment never recovered.

Question

Quizplus · Accepted Answer

The 2001 recession was relatively mild and short-lived, but the recovery in employment was slow, leading to a jobless recovery where employment levels took a long time to return to pre-recession levels.

The Recession That Began in 2001 Was