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IPFS News Link • Economy - Economics USA

Stuck at Unemployed: When A Layoff Becomes a Lifestyle

• Washington Post

A record 27% of the nation's 14.5 million jobless have been unemployed for 6  months or longer. Their unemployment benefits expire, their homes falling into foreclosure and their lives upended.

The ranks of the long-term unemployed are not expected to recede until job growth picks up in earnest, and if past recessions are any guide, that's not likely to happen for at least another year.

1 Comments in Response to

Comment by PresidentDon
Entered on:

 Wake up America, it's not going to get better. You elected Obama for Change, Change you got.