Check this out:
http://finance.yahoo.com/news/terrifying-reality-long-term-unemployment-154818305.html
Basically, every horrible trend and every sad prediction I make with regard to employment turns out to be true. It's hard to be right all the time. I pretty much always know what's going to happen next, and it's never good. And don't get me started on all the power of positive thinking bullshit. I'll start thinking positive when something positive starts happening. To recap:
"It doesn't matter whether you're young or old, a blue-collar or
white-collar worker, or a high school or college grad; all that matters
is how long you've been out of work. After you've been out of work for six months, it doesn't matter what experience you have. Quite literally. In other words, the first thing employers look at is how long you've
been out of work, and that's the only thing they look at if it's been
six months or longer."
Fucking Beveridge Curve. One more thing to keep me awake at night.
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