The excellent, hard-working, and intelligent David Leonhardt writes:
or Those With Jobs, a Recession With Some Benefits - NYTimes.com: One of the distinctive features of the Great Recession has been the enormous number of people who have been out of work for months on end. Almost 45 percent of today’s unemployed workers have been without a job for at least 27 weeks. In no other downturn since World War II did the share exceed 26 percent. For many of these long-term unemployed, the...
Published on August 11, 2010 08:53