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Article Source: CBS NewsCBS News) Meet the new underclass -- the four million Americans who have been unemployed for more than a year. With every additional week out of work, their chances of finding a job dwindle. It turns out that many employers don't want to hire the currently unemployed. Enter Joe Carbone , who is determined to return the American dream to the long-term unemployed in Connecticut. And he's succeeding, one job at a time. How's Carbone doing it?
Scott Pelley reports...........
Saw that last night...what a great idea--hope it goes national!
#1 - Mon Feb 20, 2012 2:31 PM ESTWe've seen some improvement in the job market lately. But there's something stubborn about unemployment. Never in the last 60 years has the length of joblessness been this long. Four million people, a full third of the unemployed, have been out of work more than a year. They've been severed from the workforce. Ben Bernanke, chairman of the Federal Reserve, calls it "a national crisis." To understand what's happening, we went to Stamford, Conn., to see an experiment that might just offer a way back for Americans trapped in unemployment.
This is a great article that has real long term unemployed people, not a political hype job. Thanks to Scott Pelley caring about people. I believe you can watch the entire segment, it aired last night.
TDR
#2 - Mon Feb 20, 2012 2:34 PM ESTI still don't understand how someone can be with out a job that long.
Hi TDR. This doesn't belong in Metavine and has been removed. Thanks.
#3 - Mon Feb 20, 2012 4:15 PM ESTVicki,
Sorry, didn't mean to. My groups show up very faintly, need magnifying glass to be able to read them. I don't usually put anything in meta except when earnings are posted.
TDR
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