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xcurmudgeon

screed

Unemployment Inequality

by: teacherken

Tue Feb 09, 2010 at 04:28:48 AM EST

You did NOT misread the title.  That is an accurate description of the contents of Bob Herbert's column this morning, which the NY Times has labeled The Worst of the Pain.  Let me present it simply, but I will give the figures he offers from the bottom income level going down.  These figures are from the 4th quarter of 2009, as analyzed by The Center for Labor Market Studies at Northeastern University in Boston:

Household Income   Unemployment
Level                      Level

under 12,500          30.8%
12,500-20,000        19.1

40,001-49,000         9.0
50,000-59,000         7.8
60,000-75,000         6.4

100,000-149,999      4.0
over 150,000           3.2

But it is worse even than those figures show

There's More... :: (6 Comments, 1366 words in story)
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