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Sacramento Bee: Nearly 880,000 Californians are long-term unemployed

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marmar Donating Member (1000+ posts) Send PM | Profile | Ignore Sun May-30-10 09:07 AM
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Sacramento Bee: Nearly 880,000 Californians are long-term unemployed
Nearly 880,000 Californians are long-term unemployed

By Dale Kasler
dkasler@sacbee.com

Published: Sunday, May. 30, 2010 - 12:00 am | Page 1A
Last Modified: Sunday, May. 30, 2010 - 12:18 am


To a degree not seen in recent recessions, unemployment has become a drawn-out affair.

About 6.7 million Americans have been unemployed for at least 27 weeks, including nearly 880,000 Californians. The ranks of the state's long-term unemployed more than doubled in the past year and now account for about 40 percent of all those out of work, according to the Employment Development Department.

Kathy Gaschk, 51, is one of many caught by surprise at how hard it has been to find a job. The Sacramento woman endured layoffs during the recession of the early 1990s and also the one in 2001, but never for more than six months. This time she's at one year and counting since losing her job last May at The Golden 1 Credit Union.

"This is different than anything I've ever seen in my life," she said.

EDD figures confirm her observation. During the 1990s and 2001 recessions, there were never more than 350,000 people out of work that long in California – less than 40 percent of the current total. Department records don't go back further than that. .............(more)

The complete piece is at: http://www.sacbee.com/2010/05/30/2786659/nearly-880000-californians-are.html#ixzz0pQCXLMtB



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madrchsod Donating Member (1000+ posts) Send PM | Profile | Ignore Sun May-30-10 09:12 AM
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1. welcome to argentina.....
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