PressTV – Der Spiegel: US middle class vanishing

More than a year after the official end of the recession, the overall unemployment rate remains consistently above 9.5 percent. But this is just the official figure. When adjusted to include the people who have already given up looking for work — or are barely surviving on the few hundred dollars they earn with a part-time job and having to use their savings to supplement their income — the real unemployment figure jumps to more than 17 percent.

What? 1 in 8? wow.

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