But More Bad News!

"According to CBS News, 45.1 percent of all unemployed Americans have been out of work for at least six months.  That is a higher percentage than at any point during the Great Depression.
Just two years ago, the number of "long-term unemployed" in the United States was only 2.6 million.  Today, that number is up to 6.2 million.
Can you imagine being out of work for 6 months or more?
How would you survive?
Just look at the chart below.  What we are going through now is really unprecedented.  The average duration of unemployment in this country is now close to 40 weeks....

So will things get any better soon?  Well, there were only about 3 million job openings in the United States during the month of April.  Normally there should be about 4.5 million job openings.  The economy is slowing down once again.  Good jobs are going to become even more rare.
There are millions of other Americans that are "underemployed".  All over the United States you will find hard working Americans that are flipping burgers or working in retail stores because that is all they can get right now.
Most temp jobs and most part-time jobs don't pay enough to be able to provide for a family.  But there are not nearly enough full-time jobs for everyone.
Sadly, the number of "middle class jobs" is about 10 percent lower than a decade ago.  There are simply less tickets to the "good life" than there used to be."

You can read the rest of this story at.................

http://theeconomiccollapseblog.com/