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Early 1990s recession in the United States
From Wikipedia, the free encyclopedia
The United States entered a recession in 1990, which lasted 8 months through March 1991.[1] Although the recession was mild relative to other post-war recessions,[2] it was characterized by a sluggish employment recovery, most commonly referred to as a jobless recovery. Unemployment continued to rise through June 1992, even though a positive economic growth rate had returned the previous year.[3][4]
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Inverted yield curve in late 1989 and early 1990
10 year minus 2 year
10 year minus 3 month
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Belated recovery from the 1990–1991 recession contributed to Bill Clinton's victory in the 1992 presidential election.