Yeah, right.
Technically the recession might be over but what does that really mean?
The unemployment rate hovers at 9.6% and economic growth is slow but according to the National Bureau of Economic Research the longest recession since WWII is now officially over.
Sounds like it’s time to send my resume all over town: hire me, the recession is OVER, hire me.
But I think businesses are still too shaky to start hiring again and the conclusions of the NBER aren’t much consolation to struggling small businesses, unemployed individuals and those whose home values have gone down.
I’m glad to hear that the recession is over but I want to see evidence (other than the rising stock market) that thing are really getting better for most Americans.
In other words, it ain’t over till it’s over.
Hopefully things will get better soon