» The Real Unemployment Rate Near 20% – Infowars Nightly News Alex Jones' Infowars: There's a war on for your mind!

» The Real Unemployment Rate Near 20% – Infowars Nightly News Alex Jones' Infowars: There's a war on for your mind!: The Real Unemployment Rate Near 20% – Infowars Nightly News

U.S. says bankruptcies reach nearly 5-year high | Reuters

"We know the causes of bankruptcy are principally job losses and health care, with the overlay of the foreclosure crisis," said Deborah Thorne, an associate professor of sociology at Ohio University. "It feels very unsettled, and I'm not surprised the numbers are going up. Until we get our feet on the ground, provide decent-paying jobs, and do something with the housing crisis, bankruptcies will continue to go up."

U.S. says bankruptcies reach nearly 5-year high | Reuters

Jobless millions signal death of the American dream for many | World news | The Observer

Such a development, though, is just a snapshot of the deep problems still hitting the wider American economy. Growth rates are stuttering and a recovery is struggling to take hold. It may even now be showing signs of going backwards again, as countries such as Germany start to power forward. Joblessness has taken hold in America, with the numbers of long-term unemployed reaching levels not seen since the Depression of the 1930s. The figures are frightening and illustrate a society that remains in deep trouble.

Jobless millions signal death of the American dream for many | World news | The Observer