Recession seems to be over | Arkansas Blog

Tuesday, September 15, 2009

Recession seems to be over

Posted By on Tue, Sep 15, 2009 at 11:40 AM

So says Fed chairman Ben Bernanke.

But don't cue up "Happy Days Are Here Again."

... he cautioned that it would be many months before unemployment rates would drop significantly.

“From a technical perspective, the recession is very likely over at this point,” he said, adding that “it’s still going to feel like a very weak economy for some time, as many people will still find that their job security and their employment status is not what they wish it was.”

 


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