I love that unemployment data is hardly even news now...not even in breaking news. We will see numbers at this level or worse for 4-5 year to come at a minimum, because this is what the brilliant American people voted for. Unless someone can come along and successfully explain to the American people that we have slid into an unsustainable European welfare state and why that is bad, this will last a lot longer than 4-5 years. High unemployment is no longer news. So sad.
The new normal.