And how about the national axis of gloom that is MichiCaliFliArivada (that is, MI, CA, FL, AZ and NV)? They claim three of the top six worst unemployment rates.
Derek Thompson is a senior editor at The Atlantic, where he oversees the Business Channel. More
Thompson has written for Slate, BusinessWeek, and the Daily Beast. He has also appeared as a guest on radio and television networks, including NPR, the BBC, CNBC, and MSNBC.
David Leonhardt, writing in the New York Times, paints a picture of US employment in dark, morbid colors, and makes the argument that even if the recession is over, we're a long way from a recovery that feels like a recovery. We might be moving into the epilogue of recession otherwise known as the slog, but this is why you shouldn't expect
We are now looking at unemployment numbers that undermine any confidence that we might be nearing the bottom of the recession. The appropriate metaphor is not the green shoots of new growth. A better image is to look at the true total of jobless people as a prudent navigator looks at an iceberg.
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