Home equity did not increase much for households younger than 35 years of age between 1998 and 2007 because the increase in house prices was offset by an equivalent increase in mortgage debt.

Employment turnover was significantly lower following the Great Recession than following the previous two recessions.

Anemic investment in residential and commercial real estate has been a significant factor contributing to slow growth in employment.

Firms started during recessions, especially those started in 2008, have grown less during the first 3 years of their life than those started in non-recession years.

Repatriation taxes are unlikely to explain the rise in cash holdings of U.S. firms.

Firms started during recessions, especially those started in 2008, have grown less during the first 3 years of their life than those started in non-recession years.

Gross job losses for large firms were 60 percent higher in 2009:Q2 than in 2006:Q1, while those for medium and small firms were 42 percent and 12 percent higher, respectively.

Recent changes in the relationships among GDP growth, the unemployment rate, and the employment-to-population ratio cast doubt on using these relationships to predict future unemployment.