Saturday, February 20, 2010

The New Poor - Despite Signs of Recovery, Long-Term Unemployment Rises - Series - NYTimes.com

Economists fear that the nascent recovery will leave more people behind than in past recessions, failing to create jobs in sufficient numbers to absorb the record-setting ranks of the long-term unemployed.

Roughly 2.7 million jobless people will lose their unemployment check before the end of April unless Congress approves

6.3 million Americans who have been unemployed for six months or longer, the largest number since the government began keeping track in 1948

declining influence of unions has made it easier for employers to shift work to part-time and temporary employees.

only two-thirds of unemployed people received state-provided unemployment checks last year, according to the Labor Department. The rest either exhausted their benefits, fell short of requirements or did not apply.

Click on the following for more details:  The New Poor - Despite Signs of Recovery, Long-Term Unemployment Rises - Series - NYTimes.com

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