HOW’S THAT HOPEY-CHANGEY STUFF WORKIN’ OUT FOR YA? (CONT’D): Some Unemployed Keep Losing Ground. “The recession ended four years ago. But for many job seekers, it hasn’t felt like much of a recovery. Nearly 12 million Americans were unemployed in May, down from a peak of more than 15 million, but still more than four million higher than when the recession began in December 2007. Millions more have given up looking for work and no longer count as unemployed. The share of the population that is working or looking for work stands near a three-decade low.” Maybe the recession didn’t really end four years ago.
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