The economy is strengthening. But millions of jobs lost in the recession could be gone for good. And unlike in past recessions, jobs in the beleaguered manufacturing sector aren't the only ones likely lost forever.
Source: The Arizona Republic, Associated Press, by Christopher S. Rugaber - May. 15, 2010s
Even as the economy strengthens, more Americans could face years out of work. Already, the percentage of the labor force unemployed for six months or longer is 4.3 percent. That's the highest rate on records dating to 1948.
Full Story: http://www.azcentral.com/arizonarepublic/business/articles/2010/05/15/20100515biz-jobsgone0515.html
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