In 2007, just 10% of the unemployed had been jobless for 6 months or more. Today, the total is 40%. And with so little growth in the job market, many of these unemployed people will never work again.
December 15th, 2011 | Bill Bonner | 0 comments | ContinuedAll Posts Tagged With: "jobless"
Baby Boomers Figure They Will Have to Work Longer than Expected
A woman loses her house. She stays with friends. She sleeps in her car. She tries to find work. Eventually, she runs out of options and checks into a homeless shelter.
October 21st, 2009 | Bill Bonner | 2 comments | Continued
Economy Has to Grow at 1% to Stay Even With Population Growth
There are now about 131 million jobs in the United States…and about 15 million people who would like a job but can’t find one.
October 8th, 2009 | Bill Bonner | 4 comments | Continued
