Three years after our worst recession since the Great Depression officially ended, the U.S. economy is still very weak.
The people most hurt by this weakness are the unemployed and the poor, and of course the two problems are related. We have 23 million people who are unemployed, involuntarily working part-time, or given up looking for work ? nearly 15 percent of the labor force. And poverty has reached 15.1 percent of the population ? amazingly, a level that it was at in the mid-1960s.
Source: http://www.realclearpolitics.com/2012/08/05/government_spending_can_create_new_jobs_286604.html
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