Early 1990s recession in the United States (original) (raw)

The United States entered recession in 1990, which lasted 8 months through March 1991. Although the recession was mild relative to other post-war recessions, 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. Belated recovery from the 1990–1991 recession contributed to Bill Clinton's victory in the 1992 presidential election.