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.
President Obama has often remarked that the Great Recession (2008â10) is the greatest economic crisis since the Great Depression. Itâs interesting to study the many parallels between the Great Recession and the Great Depression. Causation. The main causes of both crises lie in actions of the federal government.