Department of Labor Logo United States Department of Labor
Dot gov

The .gov means it's official.
Federal government websites often end in .gov or .mil. Before sharing sensitive information, make sure you're on a federal government site.


The site is secure.
The https:// ensures that you are connecting to the official website and that any information you provide is encrypted and transmitted securely.

April 2011

Employment in financial activities: double billed by housing and financial crises

George Prassas

The housing market crash, followed by the financial crisis of the 2007-09 recession, helped depress financial activities employment; the industry recorded historic monthly job losses that persisted even after the recession ended.

Download PDF »