America's Unemployment Problem

An interesting chart from the Economic Policy Institute's new survey:

Andrea Orr from the Economic Policy Institute says,

The official unemployment rate hovers near 10%, suggesting that one in 10 American workers is out of work. But that figure masks the extent to which unemployment has devastated American families. Almost one in four families say they have been hit by a job loss over the past year, a new survey finds, and 44% have suffered either the loss of a job or a reduction in wages or hours worked.

This chart and survey help show how widespread unemployment is right now and how it has affected individuals in America. This high unemployment rate is just one of the many indications and contributing factors of our poor economy at the moment.