NotesThe Great Recession may be over, but this era of high joblessness is probably just beginning. Before it ends, it will likely change the life course and character of a generation of young adults. It will leave an indelible imprint on many blue-collar men. It could cripple marriage as an institution in many communities. It may already be plunging many inner cities into a despair not seen for decades. Ultimately, it is likely to warp our politics, our culture, and the character of our society for years to come.FeedUnfurl
Notes"The bill, expected to swiftly pass in both houses, would facilitate the subzero preservation of any graduate of a two- or four-year educational institution. Sponsors of the initiative said that with the national unemployment rate at just under 10 percent, it only made sense for young job-seekers to temporarily enter a state of supercooled stasis. "Unfurl
Notes"Imagine if, one year ago, Congress had passed a stimulus bill that really worked. ... Well, it would look almost exactly as it does now. Because those nice descriptions of the stimulus that I just gave aren’t hypothetical. They are descriptions of the actual bill."Unfurl
Notes"In another devastating blow to the state's already fragile economy, the Unemployment Insurance Agency of the state of Michigan permanently shuttered its nine branch offices Monday, leaving more than 8,500 unemployment employees unemployed."Unfurl
Notes"The chance of someday accidentally hitting Paul Krugman with my car did not begin to compensate for the long hours of staring at red taillights on Route 1, or the many meters of bad hot dogs despondently eaten at the WaWa."Unfurl
How a New Jobless Era Will Transform America - Magazine - The Atlantic