In many EU countries, GDP remains lower, or insignificantly above, pre recession levels.

On the one hand, we measure recovery by our success in regaining pre recession levels of growth, output, and employment.

But, in any meaningful sense, an economy in which most people s incomes are below their pre 2008 levels is still in recession.

From the trough of recessions, recovery to pre recession output levels took less than two quarters on average, and employment recovered within eight months.

This pattern also characterizes the current recovery, and recent data suggest that mismatches between the demand and supply of labor by industry are back to pre recession levels.

Basic education comprises three levels pre school, primary and secondary.

Meanwhile, GDP in many European countries remains markedly below pre crisis levels.

Thus, the Turkish economy returned to its pre crisis levels in 2010.

More than 11 million additional jobs are needed to return the US to its pre recession employment level.

In some of the tsunami affected countries, efforts were made to boost enrolment levels even beyond pre disaster levels.

Pre publication planning is undertaken at all levels, particularly by the author department.

A return to pre 2007 levels of macroeconomic and financial stability would support growth.

By 1950, the republic had fully surpassed pre war levels of industry and production.

If employment began rising at this rate in 2010, it would take until 2015 before it reached its pre recession level.

The education system is based on four levels pre school, basic, secondary, and higher education.

This is a recurring pattern in European politics austerity is proclaimed and defended as the pre condition for growth, but then, when a recession bites, growth becomes the pre condition for continued austerity.

Goodhart concedes that banks risk weightings in the pre recession period were subject to political pressure and financial industry capture and manipulation.

Formal education is delivered through a structured education system from pre primary to post secondary levels.

Yet the financial crisis and the ensuing recession go only so far towards explaining these high levels of indebtedness.

LONDON How much inequality is acceptable? Judging by pre recession standards, a great deal of it, especially in the United States and Britain.

A total of 1,530,000 pupils at the pre primary and primary school levels received scholarships in 2004.

The country apos s economy would need a long time to recover to its pre war levels.

It is imperative that our country's graduation be deferred until we return to pre tsunami levels of development.

It's like a recession. So, there's a recession.

The downturn was not caused by a liquidity squeeze, so the Fed cannot wave its wand and return asset prices to their pre recession configuration.

In the US, real middle class incomes have not yet recovered to the levels attained before the last recession in 1991.

Although the top rate has climbed back to near 40 , no one proposes a return to pre Reagan levels.

There is little recognition that domestic aggregate demand cannot be restored to its pre crisis levels except through growth.

A transitory rebound from such a hard fall is not surprising, and German output remains below pre crisis levels.

Indeed, business lending particularly to small businesses in both the US and Europe remains markedly below pre crisis levels.

Growth in China and India is bouncing back toward pre crisis levels, Brazil s growth is rising after a sharp dip, and developing country trade is rebounding from depressed levels.

Imagining Recession

Recession Geopolitics

Recession Insurance

The employment to population ratio in the US remains flat mired at the very low levels to which it fell during the recession.

Today, however, the eurozone s attention has shifted to growth. This is a recurring pattern in European politics austerity is proclaimed and defended as the pre condition for growth, but then, when a recession bites, growth becomes the pre condition for continued austerity.

However, the Panel notes that the evidence shows that groundwater pumping in Kuwait recommenced at levels similar to the pre war levels soon after the end of Iraq's occupation of Kuwait.

72 This fragile recovery in 2003 was insufficient to bring the capital base to its pre intifada levels (ibid., p. 24).

The education in the languages of minorities is carried out at all levels, from pre school to the highest educational level.

America s Political Recession

Recession. Default. Doomsday.

Now, the recession.

But it was responsible for allowing flawed expectations of a sharp recovery to pre crisis levels of output and consumption to persist.

Further, the Panel is concerned about the authenticity of copies of letters of credit provided to support his pre invasion stock levels.

So the question arises Why did people want to borrow so much? Why did the ratio of household debt to income soar to unprecedented heights in the pre recession days?