HV residents say recession stagnant, not over

An independent economic research group released the results of a study yesterday that it says shows the U.S. economic recession ended in 2009, but many in the Hudson Valley say the findings are a stretch

News 12 Staff

May 22, 2014, 7:26 PM

Updated 3,634 days ago

Share:

HV residents say recession stagnant, not over
An independent economic research group released the results of a study yesterday that it says shows the U.S. economic recession ended in 2009, but many in the Hudson Valley say the findings are a stretch from reality.
The National Bureau of Economic Research says the economy is starting to expand and grow after the end of the recession in June 2009.
With national unemployment hovering around 10 percent, most people in the Hudson Valley seem to feel that the recession isn't over, but maybe just getting better.
The New York State Labor Department launched a new website today to help people between the ages of 14 - 24 get a job in preparation for the holiday retail hiring season. For more information on the new website, click here.


More from News 12
0:52
Jewish students at SUNY New Paltz share experience on campus as protests continue to unfold

Jewish students at SUNY New Paltz share experience on campus as protests continue to unfold

1:51
SUNY Purchase administrators monitoring campus following encampment arrests

SUNY Purchase administrators monitoring campus following encampment arrests

1:46
Afternoon showers for Saturday in the Hudson Valley; batches of light rain for Sunday

Afternoon showers for Saturday in the Hudson Valley; batches of light rain for Sunday

0:43
Westchester County police officer dies in accident at home

Westchester County police officer dies in accident at home

0:53
New Town Supervisor Ed Lachterman inaugurated at Yorktown Town Hall

New Town Supervisor Ed Lachterman inaugurated at Yorktown Town Hall

0:28
Tarrytown Catholic school to close permanently

Tarrytown Catholic school to close permanently

0:21
$39 flights connect Westchester County and Raleigh-Durham

$39 flights connect Westchester County and Raleigh-Durham

0:36
Animated 'X-Men' TV series superhero mansion brought to life in Westchester County

Animated 'X-Men' TV series superhero mansion brought to life in Westchester County

2:07
SUNY Purchase students 'scared to go outside' after college police raid encampment

SUNY Purchase students 'scared to go outside' after college police raid encampment

1:39
Police: 133 arrested during growing pro-Palestinian demonstration on SUNY New Paltz campus

Police: 133 arrested during growing pro-Palestinian demonstration on SUNY New Paltz campus

0:46
Driver crashes into Yonkers dry cleaning business

Driver crashes into Yonkers dry cleaning business

0:20
Police corral horse on the loose in New Rochelle

Police corral horse on the loose in New Rochelle

0:47
State officials: $11M in funding allocated for flood mitigation projects in Mamaroneck

State officials: $11M in funding allocated for flood mitigation projects in Mamaroneck

0:58
Report: More people going hungry in NY despite economic growth

Report: More people going hungry in NY despite economic growth

0:27
Westchester's NCADD honors News 12's Jonathan Gordon with 'humanitarian award'

Westchester's NCADD honors News 12's Jonathan Gordon with 'humanitarian award'

1:01
Monticello police sergeant alleges retaliation for working with prosecutors to arrest ex-officer

Monticello police sergeant alleges retaliation for working with prosecutors to arrest ex-officer

3:21
Bridge over section of I-95 in process of being demolished due to damage from truck fire

Bridge over section of I-95 in process of being demolished due to damage from truck fire

0:33
Volunteer firefighter dies in Tuxedo motorcycle crash

Volunteer firefighter dies in Tuxedo motorcycle crash

1:26
Look up! Annual Eta Aquarid meteor shower peaks early Sunday morning

Look up! Annual Eta Aquarid meteor shower peaks early Sunday morning

0:33
Dobbs Ferry man facing federal charges of illegal possession of firearms, ammunition

Dobbs Ferry man facing federal charges of illegal possession of firearms, ammunition