according to whom? recovery is gdp gains as opposed to losses it doesnt have squat to do with the unemployment rate. Now our economy is sorta ok at 7% unemployment, pretty decent at 5% but over 9 means we are fucked for a while. The wife and I were talking about our early years in marriage when the Alaskan economy had 9% unemployment and we lived week to week in shit trailers. Its bad, but jobs are not going to come back in the same places. Companies have found ways to get along with less and as you love to point out workers are a commodity. So demographics will change, those that can will move to the jobs, those who cant get left behind in grinding multigeneration poverty
If I lost my gig within 90 days I will be in deep kimchee and if I have to walk away from the 40k cash I have in this house I will do it, no choice it isnt easy pickins any more and hasnt been since 2001.
thanx,
bill