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From The AmericanProgress.org: "We are learning the hard way that Wall Street, the economy, and the labor market are three separate things. While Wall Street enjoyed a bright spring, the economy continues to struggle, and job losses still mount.The economy may be nearing its bottom, but it hasn’t reached it yet."
1. The U.S. economy shrinks quickly. 2. Massive job losses continue. 3. Unemployment stays high among the most vulnerable. 4. Unemployed are out of a job for record lengths. 5. After-tax income grows because of public support. 6. Benefits decreased before the crisis. 7. Family wealth disappears at record pace. 8. The housing market is still sputtering. 9. Mortgage troubles mount. 10. Families feel the pressure. To read more, please visit AmericanProgress.org
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