job losses climb with unemployment rate yet recession is over

If you're asking yourself how in the world can the recession be over while job losses continue to climb along with the unemployment rate, then don't feel bad you're not alone with that question. On the other hand, that seems to be the sentiment coming out of Washington is that the recession is unofficially over. Notice how they slipped that caveat in there - unofficially. This is going to be a hard sell with 15 million people still unemployed nationally, many of which are in jeopardy of loosing unemployment benefits by year end. On top of that job losses will continue throughout 2010 reaching 10 percent national unemployment. So where is the good news? Not sure, still looking for that too. Washington, is expected to shed some light on this shortly. For the most part, it is likely that Washington will point to depleted inventories, the Federal Stimulus Package, the Cash for Clunkers Program and the latest stock market surge. Of those mentioned, the only one i will call out is the stock market surge. That is a little misleading, sure the stock market has been hovering around 10K points but who is benefiting from that...the Blue Chips that's who. Take for example the big banks that got handouts from the Federal Stimulus Program. What about the mounting job losses on Main Street and the small businesses still struggling to borrow a few bucks. The fact of the matter is that job growth has been minimal at best. You hear about a few jobs here and there with a bulk of them construction jobs. What about the industries that are really suffering? Even White House economic adviser Jared Bernstein is quoted as saying, "Absent robust job growth, it is not a true economic recovery". So the million dollar question is, with job losses climbing along with the unemployment rate, how is the recession over (unofficially of course)? Where is the job growth to legitimize this position? The nearly 4 million who have lost their jobs in the last year would very much like to know.