Jobless: 10 percent is tougher than it used to be

Courtesy MSNBC.com: Business  Sun, 11/08/2009 - 12:43

Donald Schenk has been out of work in the current downturn, as he was in the early 80s when unemployment last hit 10 percent.<br /><br />He says times are harder now.It hurts more now to be unemployed than the last time the jobless rate hit 10 percent, what with higher rates of indebtedness, less than half the savings and ballooning health costs.



 

Related items

Jobless: 10 percent is tougher than it used to be
It hurts more to be unemployed now than the last time the jobless rate hit 10 percent.

Video: U.S. Payrolls Jump; Jobless Rate Drops
Employment climbed more than forecast in January and the U.S. jobless rate unexpectedly fell to the lowest in three years, casting doubt on whether the Federal Reserve can wait until 2014...

Jobless rate falls to lowest in almost 3 years
The U.S. economy creates jobs at the fastest pace in 9 months and the jobless rate drops to an almost 3-year low, raising hopes that the labor market is picking up steam.

Panasonic Dect 6.0 Expandable Silver Digital Cordless...
DECT 6.0 TECHNOLOGY EXPANDABLE UP TO 6 HANDSETS ALL DIGITAL ANSWERING SYSTEM WHITE BACKLIT LCD ON HANDSET CALL WAITING CALLER ID WITH TALKING CALLER ID UP TO 4-WAY CONFERENCE CAPABILITY NIGHT...

Wireless Headset W Adapter for Cordless Telephones
Sound like the Pro you are with the Plantronics CS55H Home Edition Wireless Headset System. It combines the clarity of traditional corded technology with the hands-free mobility of wireless...


 

Post new comment

The content of this field is kept private and will not be shown publicly.
CAPTCHA
We apologize for the inconvenience. Please help fight spam.
business.marc8.com