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Unemployment’s Rising Toll on Families

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Unemployment’s Rising Toll on Families

Post by Guest on Mon Mar 28, 2011 8:20 pm

Last year, nearly one in eight families included an unemployed person, the highest proportion since the Labor Department began keeping track in 1994. Of all families, 12.4 percent included an unemployed person, up from 12 percent in 2009, the department observed in a recent report. (Since this data set goes back to only 1994, though, we can’t compare how this trend compares to the last major recession, in the early 1980s, when unemployment was generally more widespread throughout the population.

ttp://economix.blogs.nytimes.com/2011/03/28/unemployments-rising-toll-on-families/?src=tptw

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Re: Unemployment’s Rising Toll on Families

Post by Guest on Mon Mar 28, 2011 9:02 pm

The numbers are staggering, but the real toll it takes is on the day to day lives. Families with children, couples breaking up, home loss, car loss, not paying insurance or even having insurance. Basically, living week to week with nothing left over and worse, no cushion if an emergency arises, and an emergency can be taking your sick child to the Dr. with no insurance or extra money to do it. It takes a toll on extended families as well. Siblings, parents, we have all seen, heard or even are living with that as well.

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