Economic Crisis - Worse Than We Think?

Could the media be playing down on how severe the recession actually is?  Well, you may disagree, but as the old saying goes, action speaks louder...

Take a look at this enormous queue of 10,000 at a recent job fair in London's Canary Wharf:
http://www.dailymail.co.uk/news/article-1220302/Huge-queue-desperate-job-seekers-unemployment-hits-2-47m.html

Maybe (hopefully) in a few decades we'll look back at today with complete horror.