But a persistent crime problem, made worse by staggering poverty, widespread unemployment and a failing school system, threatens to snuff out that recovery before it even takes root.
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Tax collections, despite the sharp increases in rates, were held down by recessions and widespread unemployment, which in April hit a post-World War II high of 9.4% of the labor force.
The Great Depression was a worldwide economic crisis that in the United States was marked by widespread unemployment, near halts in industrial production and construction, and an 89 percent decline in stock prices.
It would certainly benefit the taxpayers who now fund the haredi men's widespread lifelong unemployment payments.
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However, poverty remains widespread and unemployment high, particularly among Algeria's youth.
At a time of stuttering economies, high unemployment and widespread scepticism about the European adventure, it seems awesome.
Why the widespread recession fear when unemployment is low, interest rates are low and the Fed is on the case?
Egypt's economy continues to struggle, with widespread poverty, high unemployment and its vaunted tourism sector still sagging on the heels of the political unrest.
The blame is variously put on the brutal legacy of apartheid, widespread poverty, appalling levels of unemployment, the absence of a father in two out of three black homes, high alcohol and drug abuse, and extremes of inequality.
But the Sharif government, beset by growing unemployment, huge debts and widespread terrorism, may want to show that it is doing something successfully.
The administration of Prime Minister Mariano Rajoy has come under pressure as the unemployment rate rises and foreclosures remain widespread.
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Washington politicians are pointing the U.S. economy straight into a liquidity trap and instead of a bright economic future, the U.S. is looking at years of high unemployment, weak GDP growth and the possibility of widespread deflation.
Despite the widespread slack in the economy, including an almost 10 percent official unemployment rate, money growth has not been overly rapid for the circumstances.
The package is also vague about how the government will cope with unemployment and the need for retraining that would come with widespread bankruptcies in businesses the banks are now propping up, notably in retailing and construction.
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Yet despite an unemployment rate that has been below 5% for 30 months, and widespread reports of labour shortages, American wage growth remains low, at around 3.5%.
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