From Working-Class Perspectives:
In the past, economic recessions have primarily affected blue collar and low-level retail jobs, but as Greg’s story reveals, the current economic recession has affected many professional and skilled white-collar jobs as well. Yet, as troubling as they are, stories like Greg’s pale against the stories of many working-class and poor people who are struggling to survive after losing jobs under the so- called jobless economic recovery. Though clearly underemployed as a hotel bus driver, Greg is among the luckier workers today; at least he had secured a job—any job—after being laid off. But what about the 40% of unemployed people who suffer from long-term joblessness of six months or longer? According to data published by the Economic Policy Institute, people suffering from long-term joblessness are disproportionately blue-collar workers. And the current unemployment rate for blue-collar workers (17.4%) is more than two and half times higher than the rate for white-collar workers (6.5%).
Read more here.
April 6, 2010
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