By: Garrison Moore and Robert Bowman
“A recession is when you lose your job; a depression is when I lose my job.” Harry Truman
Unemployment - wanting a job, looking for sustaining work, and receiving repeated rejections – is for most people one of the most difficult experiences in life. Not only do the unemployed lose potential income but the sense of powerlessness and shame gen- erated by this experience can leave permanent scars. For the young, seeking a job is the first test of adulthood. Having gainful work provides a primary attachment to society.
The sheer scale of the recent Great Recession exposed long simmering issues about the value of a college education. It seemed something fundamental had changed in the economy and the workplace.
