great depression

President Barack Obama hailed Wednesday's one-year-old economic stimulus law as an accomplishment that staved off another Great Depression and kept up to 2 million people on the job.

The government’s report on the January job market offered fresh hope that the economy is  pulling out of its worst downturn since the Great Depression.

But it will be a long climb.

McDonald's Corp. reported better than expected fourth quarter 2009 results, underscoring the continued resilience of the world's largest restaurant chain amidst the worst economic downturn since the Great Depression.

The story of the Great Depression is often told in pictures: while few people recognize the names "Smoot-Hawley" or "Schechter Poultry," photos of bank runs and bread lines continue to pack a punch, almost eighty years after they were first snapped.

With millions of Americans losing homes, our visual language of need is due for a major update.

The housing market is in the midst of a rocky recovery, but it’s too soon to declare the end of one of the worst slides since the Great Depression.

Home resales are expected to have risen to their highest level in nearly three years in November, as an extraordinary level of federal support has pulled the housing market back from the worst downturn since the Great Depression.

Joblessness for 16-to-24-year-old black men has reached Great Depression proportions — 34.5 percent in October, more than three times the rate for the general U.S. population.

Nearly half a million people 65 and older want to work but cannot find a job, this group’s highest unemployment level since the Great Depression.

Pay cuts, sometimes the result of downgrades in rank or shortened workweeks, are occurring more frequently than at any time since the Great Depression.

The recession may be ending, but much of the economy remains badly battered by the worst downturn since the Great Depression.

By msnbc.com's John W. Schoen.