GRIM number of the week: 14,087,000.
Fourteen million, in round numbers — that is how many Americans are now officially out of work.
Word came Friday from the Labor Department that, despite all the optimistic talk of an economic recovery, unemployment is going up, not down. The jobless rate rose to 9.2 percent in June.
What gives? And where, if anywhere, is the outrage?
The United States is in the grips of its gravest jobs crisis since Franklin D. Roosevelt was in the White House. Lose your job, and it will take roughly nine months to find a new one. That is off the charts. Many Americans have simply given up.
But unless you’re one of those unhappy 14 million, you might not even notice the problem. The budget deficit, not jobs, has been dominating the conversation in Washington. Unlike the hard-pressed in, say, Greece or Spain, the jobless in America seem, well, subdued. The old fire has gone out.
http://www.nytimes.com/2011/07/10/business/the-unemployed-somehow-became-invisible.html?_r=1
