Archive for July, 2010
Not enough jobs are being created in the private sector to keep up with the number of new workers who are entering the labor market. According to an AFL-CIO blog (June 7, 2010), 38 percent of Americans report that either they or someone close to them has lost a job. There are officially almost 15 million Americans now out of work, mostly due to the current economic crisis. But if those who are involuntarily working part-time and if discouraged workers are taken into account, the number is much higher.