The World

Analyzing national unemployment

Contrary to popular belief, the current recession has not been all that bad for many Americans. Unfortunately, the other 40 percent are unemployed long term, and their plight may not be over any time soon.

Friend of the show Lakshan Achuthan joins us to tell a tale of two economic Americas. Contrary to popular belief, the current recession has not been all that bad for many Americans. Unfortunately, the other 40 percent of unemployed fall into what Lakshman calls the “long term unemployed;” and he adds that their plight may not be over any time soon.