Failure of a Philadelphia banking firm

The Recession of 2008 was caused by an aggregate demand (AD) shock.

High unemployment was an effect of the Great Recession.

Insurance is a recession proof industry so as long as the BM is doing his her job properly and is profitable they will have great job security.

not too much,the recession is still not over in Ireland,more job losses than job created,but since some of the EU countries are out of recession now,which has a positive affect,the unemployment rate dropped lesser than 1 years ago in Ireland.