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We did recover, in 2019 and then again in 2024. https://fred.stlouisfed.org/series/LNS11300060 https://fred.stlouisfed.org/series/LNS11300060 Literally nobody
by astrange 1y ago
We did recover, in 2019 and then again in 2024.
https://fred.stlouisfed.org/series/LNS11300060 https://fred.stlouisfed.org/series/LNS11300060
Literally nobody noticed because everyone had covid trauma the second time, so we had a "vibecession" where everyone felt like there was a recession because they wanted there to be one.
- tayo42 1y ago11 years later. I know the numbers say we recovered. It took so long I think people mostly forgot what pre 08 life was like 2008/9 was a change in the expectations of college degrees. Going into 2008, we all got the advice to get degrees and jobs will just show up. After the crash we never got back to that point. Common knowledge ever since 08 has been college doesn't ensure a job at the end and your stuck doing unpaid internships and dealing with a competitive job market
- AbstractH24 1y ago11 years is a blip in society, but at least 20% of most people’s working years.