Secretary [edit]. The Secretary of State is elected for a four-year term, concurrent with that of the governor. Candidates are nominated at partisan conventions. Under the state Constitution, the Secretary of State is restricted to two four-year terms in that office.
1 The employment decline experienced during the December 2007âJune 2009. recession was greater than that of any recession of recent decades. Forty-seven. months after the start of the recession that began in November 1973, for example, employment was more than 7 percent higher than it had been when the recession. started.
There have been as many as 47 recessions in the United States since 1790, although economists and historians dispute certain 19th-century recessions. Cycles in the country's agriculture, consumption, and business investment, and the health of the banking industry contribute to these declines.