HARD TIMES IN THE NEO-LIBERAL ECONOMY
Study: 1 in 5 laid off in recent recession

From the AP via this morning's Houston Chronicle:

"There's neither private sector nor government support that's going to most people," said Carl Van Horn, director of the John J. Heldrich Center for Workforce Development at Rutgers, which conducted the study.

Barely one-fourth of those surveyed said their employer extended their health benefits after they were laid off, and less than one-fifth said they received help finding a job, career counseling or skills training.

Businesses continue to announce thousands of layoffs. The national unemployment rate hit a nine-year high of 6.4 percent in June, and many economists think it could hit 6.6 percent before starting to decline, which probably won't be until at least the end of this year.

Or so economists hope. As Principal Skinner once said on the Simpsons, "Welcome to Dick Cheney's America."

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