Experts say the Great Recession ended fours years ago; Chicagoans know better

The Chicago Sun-Times reports:

The statisticians say the Great Recession ended in June 2009. Most Chicagoans know better. They know that the biggest economic calamity since the Depression has long overstayed its appointment, throwing the long-term unemployed into a dark emotional place and leaving businesses leery of hiring and capital spending. The putative recovery is now four years old and yet it has produced a gain of only a third of the 350,000 jobs the Chicago area shed during the recession, which cost the region about 9 percent of its total jobs. That’s a deficit of a quarter million jobs in the region since late 2007, according to Labor Department data. Nationally, the jobs deficit over the same period is about 2.7 million, and unemployment continues to be high.

The great moments of one party rule!