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VISION
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Monday, July 25, 2011

5 Ways Americans Are Surviving the Great Recession | | AlterNet

5 Ways Americans Are Surviving the Great Recession | | AlterNet

Most of us are familiar with the tragic numbers that tell the tale of this grueling downturn. During the last peak, about 65 percent of Americans held a job; today, that number is below 59 percent. We just saw the largest two-year drop in “labor compensation” – wages and benefits – since the early 1960s, the foreclosure crisis continues unabated, and for the first time, the number of “99ers” – unemployed Americans whose benefits have run out – has pushed past the two million mark.


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