My financial situation is definitely worse now than it was before the Great recession. It was 2017 before I was making more in absolute terms than I had made in 2006. Accounting for inflation, it was 2018 before I matched my 2006 income. It has since gone up as the Trump Recovery from the Great Recession has taken hold.
My experience is not atypical. As a consultant I work with headhunters and companies all the time and talk with my colleagues. Their experiences match mine. We did not really recover from the Great Recession until the Fall of 2017. Obama’s entire time in office was a giant black hole that we are still recovering from.
Yeah, a giant A hole.
Your situation sounds strange but things like that can happen depending on the field of work, skill set, health situation, etc. What occupation are you in?
Agreed but its actually been bad for contractors since 2002.
It only started to turn around in 2016.
H1b are no longer grabbing all the prime jobs and leaving the scraps for Americans.
Heck, even my ex found a job!
Thanks for sharing and posting your reality.
I’m just now making the same income that I was making before the Bush-Obama Depression. But I’m doing what I want to be doing, so it’s all good.
“Obamas entire time in office was a giant black hole that we are still recovering from.”
Deserves repeating, loudly and often!