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Paul Krugman: The Forgotten Millions
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Paul Krugman: The Forgotten Millions
by Guest Fri Mar 18, 2011 3:04 pm
It might not be so bad if the jobless could expect to find new employment fairly soon. But unemployment has become a trap, one that’s very difficult to escape. There are almost five times as many unemployed workers as there are job openings; the average unemployed worker has been jobless for 37 weeks, a post-World War II record.
In short, we’re well on the way to creating a permanent underclass of the jobless. Why doesn’t Washington care?
Guest- Guest
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