• 44% of unemployed Americans have been jobless for six months or longer
• 26% of those unemployed in the early ’80s recession could say the same source

• » What’s the difference?: According to The Daily Beast, the reason for this has a lot to do with the changing nature of unemployment. Among other things, there are more two-income homes than in the early ’80s. On top of that, it’s easier to get unemployment now than it was 30 years ago – per-capita spending for the jobless has increased 77 percent. While it’s no walk in the park, obviously, it’s clearly not the same situation as it used to be.

Posted by Ernie Smith • Permalink