The Unlucky Unemployed

Paul Krugman @ Truthout - Matt O'Brien, a reporter at The Washington Post, recently wrote an interesting, if depressing, article on long-term unemployment in the United States, making the point that it is basically a matter of bad luck: if someone gets laid off in a bad economy, he has a hard time finding a new job; and the longer he stays unemployed, the harder it becomes to find work.  Read more.