http://www.nytimes.com/2013/02/07/business/profound-weight-of-layoffs-seen-in-survey.html?ref=economy
Everybody knows someone
that has been greatly affected by the great recession because they either had a
job and now are unemployed or took a job that is not compared to the amount
they received as their previous pay check.
The unemployed that are still looking for 31 percent said their jobless
benefits had run out and 58 percent said they were concerned their benefits
would run out before they found work (Rampell).
For our economy to get back to where it was before “a majority of
Americans say they think it will be at least six years before the economy is
made whole again, if ever. Three in 10 said the economy would never fully
recover from the Great Recession.”
This article does a good job showing how hard it is to find a job right now. There are many problems, for example, re-employment rates for older workers have been particularly bad, people are starting to borrow money since they can't earn their own and many people are becoming discouraged workers. People are losing savings and giving up. The government has to pick it up and help the unemployed.
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