Unemployed, and Likely to Stay That Way

Published: Friday, 3 Dec 2010 | 10:36 AM ET
By: Catherine Rampbell
The New York Times

That is a fact of life that much of Europe, with its underclass of permanently idle workers, knows all too well. But it is a lesson that the United States seems to be just learning.

This country has some of the highest levels of long-term unemployment — out of work longer than six months — it has ever recorded. Meanwhile, job growth has been, and looks to remain, disappointingly slow, as today's ...

Full article:
http://www.cnbc.com/id/40490869/Unemployed_and_Likely_to_Stay_That_Way