COVID-19 caused the worst economic crisis since the Great Depression, but the current recession is different from the recessions we’ve seen in the past 100 years.

CLEVELAND, Ohio – The economic crash resulting from the COVID-19 coronavirus crisis regularly prompts references to our last recession and what historians have labeled the Great Depression.

The coronavirus pandemic will send the global economy into its worst recession since the Great Depression, the International Monetary Fund predicted.

As Maria Paola Rana, lecturer in economics and finance at Salford Business School, in northern England, says, "the economic challenges we are currently experiencing with COVID-19 are unprecedented.

The coronavirus pandemic is likely to trigger the worst recession since the Great Depression — dwarfing the fallout from the financial crisis a dozen years ago, the International Monetary Fund ...

The experiences of several groups of workers in the COVID-19 outbreak vary notably from how they experienced the Great Recession.

Many economists believe that a recession is already underway. So do millions of Americans struggling with bills and job losses. While the ghosts of the 2008 financial crisis that sent inequality ...

Largely triggered by the COVID-19 pandemic, the 2020 recession saw GDP shrink by about 5% in the first quarter and 31.4% in the second quarter.

The Great Depression was the most severe stock market crisis to date, with the Dow plunging 89% from its pre-crisis peak. The decline occurred over a period of about 34 months. The Great Recession ...

The COVID-19 Pandemic: In 2020, global markets experienced a sharp and rapid decline in response to the onset of the COVID-19 pandemic. From February 2020 to March 2020, the market lost nearly 20% ...