That depends a great deal on the standards and models you use to measure it.
Our media speaks coyly of things like a "jobless recovery", declares that the recession according to official metrics ended long ago, and offers charts like this one published today by cnn.
Households lost 16 trillion & between 2007 and 2009.
So, according to that chart, and the stock market, things are better, right?
But last month the economy only added some 50K jobs, and we need at least 150K (roughly) just to stay even with population increase - so we are falling backwards - and have been most months these last 5 years.
And, the jobs being added are lower quality jobs than the working classes would like to have. And many are in "wealth transfer" sectors, like health and government and defense, not wealth producing jobs.
So, like I said, much depends on how you are measuring it.