Unless you’ve been living under a rock in the arctic region, you know by now that millions of people in the USA, and to some extent globally, have become casualties of the economic downturn.
Since the housing recession began in 2007, we have seen unprecedented job losses and many of us have been directly/indirectly affected by the shifting job search winds. A quick Google search on the topic of current unemployment numbers in the USA produced 779,000 results or communiqués from a wide range of sources; government and otherwise, on the subject.
The US Bureau of Labor statistics indicate that in a twelve month period (Jan 08-Jan 09) the rate of unemployment has increased from 4.9% to 7.6% with 11.6 million people out of work. While the federal bailout plan could eventually create an infusion of job opportunities, it will not happen overnight.
