February 21, 2010

Reality Check


If you need a reality check, this is a must-read article on long-term unemployment and the ways in which this recession has been unlike any recent and not-so-recent U.S. recessions:

“The system was ill prepared for the reality of long-term unemployment,” said Maurice Emsellem, a policy director for the National Employment Law Project. “Now, you add a severe recession, and you have created a crisis of historic proportions.”

Some poverty experts say the broader social safety net is not up to cushioning the impact of the worst downturn since the Great Depression. Social services are less extensive than during the last period of double-digit unemployment, in the early 1980s

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