Oh My… '60 Minutes' Airs Devastating Segment on National Unemployment (Video)
How in the world did this get by the producers?
“60 Minutes” tonight told the story of the real US unemployment situation a week before the midterm elections(?)
Did they forget who’s president? This is weird.
“Never have we had a recession this deep with a recovery this flat.”
Even after an extension of unemployment benefits to 99 weeks, many of those about to go off the program are in a quandary. Scott Pelley talked to some of them in California’s Silicon Valley. 20% of those unemployed today have college degrees. In California the actual unemployment rate is 22%. 4.5 million Americans have taken withdrawals from their 401K accounts.