Literally nobody noticed because everyone had covid trauma the second time, so we had a "vibecession" where everyone felt like there was a recession because they wanted there to be one.
11 years later. I know the numbers say we recovered. It took so long I think people mostly forgot what pre 08 life was like
2008/9 was a change in the expectations of college degrees. Going into 2008, we all got the advice to get degrees and jobs will just show up. After the crash we never got back to that point. Common knowledge ever since 08 has been college doesn't ensure a job at the end and your stuck doing unpaid internships and dealing with a competitive job market
https://fred.stlouisfed.org/series/LNS11300060
Literally nobody noticed because everyone had covid trauma the second time, so we had a "vibecession" where everyone felt like there was a recession because they wanted there to be one.