Unemployment Levels are in a ‘Headlong Race Back to the Past’

December 6, 2013 in From the Director, Homepage by Rick Sloan

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Washington, D.C., December 5, 2013 – The Union of Unemployed (UCubed) warns the U.S. jobs crisis is a 35-year step in the wrong direction.

“Since the Great Recession started, 12.2 million Americans have left the labor force,” said Rick Sloan, UCubed President. “Some retired. Some retired prematurely. Some looked for a job for so long and with so little success that they gave up. Finding no jobs in their field, some tried grad school or a certificate program. Some became stay-at-home moms or dads. And some became unpaid caregivers to family members.

“But whatever the reason, this exodus from the labor force was unprecedented. Not since 1978 have so many Americans been out of the labor force on a percentage basis.

“We’re racing headlong back to the past.”

With over 163,000 activists who regularly connect with over 46 million Facebook friends, UCubed represents a significantly rising demographic of unemployed and underemployed Americans. UCubed was created to provide a structure for jobless individuals to take political, economic and social advantage of their growing numbers.

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