Fed Chairman Ben Bernanke told Congress last week that the nation is pulling out of the recession, and that the recovery will last. Three straight months of retail sales gains have brightened the country’s economic outlook, but unemployment, particularly in California, remains high. Is the recession over? If so, what does that mean for those struggling to find work and keep their homes?
Sylvia Allegretto, labor economist at the Institute for Research on Labor and Employment at UC Berkeley
David Henderson, research fellow at the Hoover Institution at Stanford University and associate professor of economics at the Naval Postgraduate School in Monterey, California
Tamara Keith, business reporter for NPR
Robert Herbst, airline analyst and founder of AirlineFinancials.com