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Mookie - they lost credit when they claim the recession has ended - try telling that to the 11.2% unemployed in the state of NC (which doesn't even count those no longer looking for work having given up, or simply run out of benefits but still looking)....
When unemployment as a whole makes a steady, significant improvement over the course of 3 months (say at least .2% per month) then the recession will be ending - to the man on the street.
You can use some fancy definition for what is and isn't a recession - but to the common man on the street - its defined by jobs.
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Good Hunting!
Captain Haplo
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