A Rutgers University study released Monday shows that the overwhelming majority of the three million long-term unemployed receive no government assistance.

More... (http://www.wsws.org/en/articles/2014/09/23/econ-s23.html)

excerpt:

More than one in five American workers who lost their jobs after the 2008 financial crash are still unemployed, according to a Rutgers University study on unemployment in the US released Monday. The study concludes that "one-third of Americans who experienced a period of long-term unemployment during the past five years can be said to have been 'devastated' because they reported a major and permanent change in their lifestyle."

The net effect of the 2008 crisis has been a significant fall in workers' wages and benefits. Among workers who lost their jobs since 2008 but were subsequently re-hired, 46 percent report that their new employer pays lower wages, while 21 percent report that their current job pays the same.

But hey, Wall St is kicking ass, the 'economy' is great! Geez wonder how that works......

I heard this little bit a misery on the news this morning, along with zero commentary:


MONTGOMERY, Ala. (AP) — Federal statistics show a record number of homeless students in Alabama public schools during the 2012-2013 school year.

Al.com reports (http://bit.ly/1r1FVJl ) that U.S. Department of Education data released Monday show there were 29,749 homeless students enrolled in Alabama preschools and K-12 schools that year. That's an increase of 68 percent over the previous year.

The country as a whole reached a new record, but the increase in Alabama's number of homeless students outpaced the national increase of 8 percent.

Yeah, the "recovery" has been just great! Except, you know, all the poor and stuff...