Facing Long Term Unemployment

Wednesday, April 27, 2011

The unemployment line at the FDR memorial in Washington, D.C. (Kate Ure/flickr)

"If we don’t get this unemployment rate down, eventually it’s going to stick," former chairwoman of President Obama's Council of Economic Advisors Christina Romer warned on Monday's show. "We’re going to have discouraged workers, people who have lost many skills. They may have a higher unemployment rate forever after, and that would be a true disaster.”

With national unemployment at over 8.8 percent, there is a fear that the United States could be on the brink of a “new normal” when it comes to the number of citizens we employ. For a personal look at the nation's economic situation we speak with former US Steel worker Ralph Kaiser, who joins us from his home in Pittsburgh, Pennsylvania. Ralph lived through the massive loss of manufacturing jobs that reshaped his city in the 1970s and contributed to the formation of the American Rust Belt.

Guests:

Ralph Kaiser

Produced by:

Hsi-Chang Lin

Comments [2]

Koni Lee from Atlanta, GA.

I have been unemployed in a full - time capacity now, for over 3 & 1/2 yrs. By the grace of God, I am still in my apartment, with the lights on, food in the refridgerator and my phone is on. I have continued to work on the Weekends on a Part - Time Contract basis, since 2004. I only work two to five hours a weekend. I apply On - Line for a corporate job, but I have worked from time to time in the Film Industry as a Paid Film, TV or Music Video Extra, during the week. I have written my first movie script, a Double CD and I've got several inventions in my head to get patented in the future.

Apr. 27 2011 12:32 PM
Peg

Employment in the US is like a musical chairs game. - Everyone fearing that when the 'music' stops, their 'job chair' will be missing.

Apr. 27 2011 08:15 AM

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