Last spring ECRI declared the recession would end by summer.

So what accounts for today's slipping stocks and gloomy national psyche? ECRI's Lakshman Achuthan talks with host Guy Raz about the two kinds of unemployed emerging from the recovery, as well fears that the nation might not regain enough jobs before the next recession hits.

Flashback to ECRI's Dec. '09 Op-Ed on NPR about chronically high unemployment.