The New York Times does some good reporting on unemployment
Even as the American economy shows tentative signs of a rebound, the human toll of the recession continues to mount, with millions of Americans remaining out of work, out of savings and nearing the end of their unemployment benefits.
The New Poor – Despite Signs of Recovery, Long-Term Unemployment Rises – Series – NYTimes.com
Even during the Bush years when we often heard that the economy was strong, we knew that something was not right. It never seemed to trickle down to the level where it mattered the most. The GDP was up but many of our neighbors were down. The article calls them the new poor but as we all know in times of economic down turn it is the already poor who suffer even more.
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