{"id":54671,"date":"2016-06-08T15:15:45","date_gmt":"2016-06-08T15:15:45","guid":{"rendered":"http:\/\/127.0.0.1\/site\/2017\/2\/1985\/bloomberg_the_brutal_journey_back_to_work_for_millions_of_americans\/"},"modified":"2016-06-08T15:15:45","modified_gmt":"2016-06-08T15:15:45","slug":"bloomberg_the_brutal_journey_back_to_work_for_millions_of_americans","status":"publish","type":"post","link":"https:\/\/kendallharmon.net\/?p=54671","title":{"rendered":"(Bloomberg) The Brutal Journey Back to Work for Millions of Americans"},"content":{"rendered":"<p>&#8230;63-year-old [Phyllis Swenson of] Fairfax, Virginia, resident is among millions of Americans who haven\u2019t rebounded with the improving U.S. economy. Part-time work at Vienna Presbyterian doesn\u2019t pay all her bills, and almost a year of futile job-hunting has left her desperate.<\/p>\n<p>\u201cRecovery?\u201d\u009d she scoffs. \u201cHow are we recovering?\u201d\u009d<\/p>\n<p>The labor market has staged a strong comeback: Unemployment is 4.7 percent, down from 9.5 percent when the economy started expanding in June 2009. Employers have added an average 150,000 jobs a month this year, though May slowed to just 38,000. The rate at which people quit, a handy measure of job mobility, is trending up.<br \/>Yet some Americans still feel a deep sense of betrayal. Their journey back to meaningful work has been brutal &#8212; if they even arrived &#8212; leaving them with depleted savings, increased debt, homes lost to lenders and for some, long searches that stripped away their most valuable possession: self-esteem. Many who did find jobs now earn less, with fewer benefits.<\/p>\n<p>This has helped fuel Donald Trump\u2019s improbable rise and Bernie Sanders\u2019s strong challenge to Hillary Clinton. Thousands cheer at rallies when the Republican front-runner claims he\u2019ll put people back to work and the Democratic contender rails against income inequality.<\/p>\n<p><a href=\"http:\/\/www.bloomberg.com\/news\/features\/2016-06-08\/the-brutal-journey-back-to-work-for-millions-of-americans\">Read it all<\/a>.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>&#8230;63-year-old [Phyllis Swenson of] Fairfax, Virginia, resident is among millions of Americans who haven\u2019t rebounded with the improving U.S. economy. Part-time work at Vienna Presbyterian doesn\u2019t pay all her bills, and almost a year of futile job-hunting has left her<span class=\"ellipsis\">&hellip;<\/span><\/p>\n<div class=\"read-more\"><a href=\"https:\/\/kendallharmon.net\/?p=54671\">Read more &#8250;<\/a><\/div>\n<p><!-- end of .read-more --><\/p>\n","protected":false},"author":794,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[40,175,149,168,597,151,596,34],"tags":[],"class_list":["post-54671","post","type-post","status-publish","format-standard","hentry","category-economics-politics","category-anthropology","category-economy","category-ethics-moral-theology","category-laborlabor-unionslabor-market","category-politics-in-general","category-the-credit-freeze-crisis-of-fall-2008the-recession-of-2007","category-theology"],"_links":{"self":[{"href":"https:\/\/kendallharmon.net\/index.php?rest_route=\/wp\/v2\/posts\/54671","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/kendallharmon.net\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/kendallharmon.net\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/kendallharmon.net\/index.php?rest_route=\/wp\/v2\/users\/794"}],"replies":[{"embeddable":true,"href":"https:\/\/kendallharmon.net\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=54671"}],"version-history":[{"count":0,"href":"https:\/\/kendallharmon.net\/index.php?rest_route=\/wp\/v2\/posts\/54671\/revisions"}],"wp:attachment":[{"href":"https:\/\/kendallharmon.net\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=54671"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/kendallharmon.net\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=54671"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/kendallharmon.net\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=54671"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}