Ranks Of Long-Term Unemployed Swells To Two Million

09/12/2011 03:28 pm ET | Updated Nov 12, 2011

Not long ago, the city council of Ventura, California, passed an ordinance making it legal for the unemployed and homeless to sleep in their cars. At the height of the Great Recession of 2008, one third of the capital equipment of the American economy lay idle. Of the women and men idled along with that equipment, only 37 percent got a government unemployment check and that check, on average, represented only 35 percent of their weekly wages.

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