Originally Posted by Seaver

We're not at 10% unemployment. Trust me when I say this (as a recently laid off employee), we're closer to 17-20%. I know of many people who couldn't find a job in 6 months and got kicked off of unemployment benefits. Statistics from the government only count those pulling Unemployment, so my friends who got kicked off it are officially "under-employed".

When 1 in 5 people you know are unemployed, it's a huge psychological factor. Even if you're making the same you were 5 years ago, you're sweating bullets. The general psychology of America won't right itself until we get back on track.