According to the National Bureau of Economic Research and Wikipedia apparently, as of December 1st, the United States economy has officially entered a recession. The millions of unemployed and underemployment responded by saying: "No shit, Sherlock!"
I guess it's nice to know that a bunch of people in an ivory tower have mercifully decided to pay attention and call a spade a spade before things spiraled out of control. I mean, I thought everything was going so well, with the tons of layoff stories popping up online and the inability of people with Master's Degrees to get a job, but according to the NBER, Americans were sitting pretty until this Monday.
I have a good mind to e-mail all the staff members on NBER and thank them for all their muckraking and research. Better yet, why don't you readers help me out? Here's the link; just click on a name and send these earls and duchesses an e-mail. And for any NYCers, there is a New York Office so hit them up for a job too, assuming there isn't a (gasp!) hiring freeze there too.
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