California's Seven Year Long Recession

The LA Times reports that thanks to the financial recession, middle aged Californian's are moving in with their parents at a staggering rate:

For seven years through 2012, the number of Californians aged 50 to 64 who live in their parents' homes swelled 67.6% to about 194,000* 

Can we call it a depression yet?  

*data from UCLA Center for Health Policy Research, Insight Center for Community Economic Development.