Monday, May 10, 2010

Chart of the Week: The Growing Underclass

The economy may be improving according to some, but do not try convincing a growing number of long-term unemployed Americans.  It could never happen to you, right?  Do not be too sure. If you fall out of the workforce, it is getting harder to get back into the game the longer you are unemployed as employers are putting more emphasis on increasing worker productivity (below), and have their choice of workers with recent experience waiting to take up the few new positions available.