The unemployment rate at the height of the Great Depression was 25%; the Great Recession reached 9.8%, and for January 2011 it has dropped to 9.0%. Unemployment for those who earn greater than $150,000 is only 3%, while the poor is impacted at 31%. The rich get richer and the poor get poorer! Factors such as where you live, race, income, and age greatly affect one’s experience with the severity of unemployment.
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