America's army of jobless
The real number of unemployed or underemployed people in the U.S. is a stunning 26.9 million.
When President Obama announced that 40,000 troops now in Iraq
would come home by the end of the year, the initial excitement quickly
turned to concern that our already struggling economy couldn't easily
handle the shock of an additional 40,000 job seekers.
Although we should, of course, care deeply about returning Iraq war
veterans, we ought not to think for a moment that adding 40,000 workers
to the job-seeking pool will break the back of the economy. It's
already broken. The nation is laboring under the weight of a reserve
army of nearly 27 million women and men who don't have a full-time job,
but most surely want one.
Sunday, December 4, 2011
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