Fitoussi, Jean-Paul; Laurent, Eloi - 2009
events, the social consequence of the European
recession is clear: unemployment is, again, rising at a fast pace in Europe … the expansion that began in
November 2001 and the beginning of a recession. The expansion lasted 73 months; the
previous … expansion that began in the third quarter of 1993
and the beginning of a recession. The expansion lasted 57 quarters or more …