Unemployment: The Gathering Storm

By Charles Hugh Smith, OFTWOMINDS Officially, 14.9 million Americans are unemployed. That number will double. The number of people who are unemployed is almost unimaginable: 15 million. According to the Bureau of Labor Statistic’s August 2009 Employment Situation Report , 14.9 million persons are unemployed, 9.1 million are “working part time for economic reasons,” and 2.3 million are “marginally attached to the labor force,” i.e. they wanted a job but have not actively looked for a jo