Will we need a 2nd homeless shelter?
Economic Stimulus or not, the jobless rate keeps increasing. Here’s an interesting article from change.org:
The Coming Crisis: White Collar Homelessness
“Last month, unemployment rates surged to 7.6 percent. As the jobless population becomes older and more educated, many are ending up with no car, no job prospects, no health insurance, and – before long – no home. Will the dramatic increase of unemployment change the face of homelessness in America?
According to data from the Labor Department, more jobs have been lost in the past 12 months than any other period since the government began keeping records in 1939. Perhaps most disconcerting is that experts predict unemployment will get worse before it gets better. In 1991 and 2001, unemployment didn’t hit its peak until two years after those recessions ended.”
Additionally – some folks believe this current “recession” (or depression) isn’t as bad as the media portrays… but take a look at this chart below comparing current job losses to previous recessions. See chart below, and take a look at this YouTube Video.
What’s next for us?