Commonground
Senior Moderator
Saturday March 6
By Roger Bybee
The latest unemployment report, showing an unemployment rate stuck at 9.7% in February, offers ambiguous signals about the pace and breadth of the recovery.
-snip-
TWO SEPARATE AMERICAS
?It?s almost two separate Americas,? said Lakshman Achuthan, managing director of the Economic Cycle Research Institute. One America is experiencing normalcy, while the other remains locked into the worst conditions seens since the Great Depression. ?They have been left behind, and their problems are not solved by recovery.?
One indicator of the persisting crisis: males between the ages of 25 and 54?in their primary erning years?have a 19.4% unemployment rate. The picture is far worse among African American and Latino workers.
The Times outlined a set of grim statistics that reveal ongoing long-term unemployment, and bleak prospects for bringing back high-wage manufacturing jobs given America's de-regulated policy toward the export of jobs:
-snip-
http://www.inthesetimes.com/working/entry/5655/will_dems_seize_bunning_blunder_to_win_back_workers/
By Roger Bybee
The latest unemployment report, showing an unemployment rate stuck at 9.7% in February, offers ambiguous signals about the pace and breadth of the recovery.
-snip-
TWO SEPARATE AMERICAS
?It?s almost two separate Americas,? said Lakshman Achuthan, managing director of the Economic Cycle Research Institute. One America is experiencing normalcy, while the other remains locked into the worst conditions seens since the Great Depression. ?They have been left behind, and their problems are not solved by recovery.?
One indicator of the persisting crisis: males between the ages of 25 and 54?in their primary erning years?have a 19.4% unemployment rate. The picture is far worse among African American and Latino workers.
The Times outlined a set of grim statistics that reveal ongoing long-term unemployment, and bleak prospects for bringing back high-wage manufacturing jobs given America's de-regulated policy toward the export of jobs:
-snip-
http://www.inthesetimes.com/working/entry/5655/will_dems_seize_bunning_blunder_to_win_back_workers/