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.
1960 Recession. Starting in April 1960, the recession lasted 10 months, until February 1961. GDP was -1.5 percent in Q2, rose 1.0 percent in Q3, but was -4.8 percent in Q4. Unemployment reached a peak of 7.1 percent in May 1961.