Friday, November 13, 2009
Posted by Andrew Wood Acting Studio at 10:13 AM
And long-term unemployment inflicts long-term damage. Workers who have been out of a job for too long often find it hard to get back into the labor market even when conditions improve. And there are hidden costs, too — not least for children, who suffer physically and emotionally when their parents spend months or years unemployed.
For a particularly grizzly example of what Krugman is talking about, read this.
Jobs baby, jobs. Now. Before it's too late.
Posted by Andrew Wood Acting Studio at 8:36 AM