Why Unemployment Could Be More Difficult This Time

In a recent Time article Stephen Gandel writes that for those in America who lose their jobs it could be much harder to regain their place in corporate America than in past recessions. The financial sector is shrinking, technical roles have been outsourced overseas and an ageing population requires different services.

There is some good news in that a more educated workforce will make it easier for people to make job transitions, but this takes time and could be difficult for those used to a certain level of income.