Economic

“Hope is gone. The future is terrifying.” Those were the sentiments of D.V. from Modesto, CA, concerning her and her husband’s job situation. She was a Case Manager and he was a company representative; both were laid off in 2009. Since then, “My husband and I went from making $150K a year to scraping out […]

Continue reading about Millions of Long-Term Unemployed Are Living Desperately on the Edge

layofflist on July 15th, 2011

A post from Robert Reich tells the story of how there is so little attention being paid to job creation. It’s an excellent read and it shows how both parties are not giving serious effort to the jobs crisis. They all have a job, so why worry about the 22 million unemployed and underemployed. What […]

Continue reading about The President’s Jobs Plan (Not)

The May BLS jobs report was discouraging for millions still seeking a job in a weak jobs market. Only 54,000 jobs were created and the unemployment rate increased to 9.1%. About 125,000 jobs need to be created each month to absorb new entrants into the workforce. With that in mind, 71,000 more jobs needed to […]

Continue reading about More Long-Term Unemployed, More 99ers, More Despair, but Less Government and Private Sector Action on Jobs