Unemployed Economist Declares Recession Over

Atlanta, GA--


Economist Dale Sveum today said that the recession that has gripped the American economy for over a year is now officially over. Sveum, who had been laid-off from his job at Atlanta Life Financial Group in November said that all of the economic indicators pointed to an end of economic contraction in August.


"We should see our first quarter of economic growth, or at the very least stability, in the next three months thus signalling the end of the recession," said Dr. Sveum at a press conference at the Adamsville-Collier Heights branch of the Atlanta-Fulton Public library.

Dr. Sveum, who received his PhD from Harvard, has had "a lot of time recently" to thoroughly study the economic trends.

"Every day, I walk here form the homeless shelter and read The Wall Street Journal, The Financial Times, and The Economist, as well as use the public access computers to examine the relevant information. That, and apply for jobs. I can unequivocally say the worst is over."


He concluded his remarks saying, "I have copies of my resume here if anyone wants one or knows someone who has an opening."