Speaking on a panel at the annual meeting of the World Economic Forum in Davos, Summers said one in five American men aged 25 to 54 are unemployed. He said given a “reasonable recovery,” that rate could improve to one in seven or one in eight. That still contrasts with a 95% employment rate for that group in the mid-1960s.That's a big ass problem. It's going to get worse in 2010. And I don't know when it's going to actually get better.
Honestly. One in five men my age are out of a job right now. That is not sustainable in any way shape or form.
Posts
No comments:
Post a Comment