Via Huffington: Robert Reich: Forget a Double-Dip, We're Still in One Long Big Dipper

AP

Robert Reich: More people are out of work today than were last year, counting everyone too discouraged even to look for work. The number of workers filing new claims for jobless benefits rose last week to the highest level since February. Not counting temporary census workers, a total of only 12,000 net new private and public jobs were created in July -- when 125,000 are needed each month just to keep up with growth in the population of people who want and need to work. Not since the government began to measure the ups and downs of the business cycle has such a deep recession been followed by such anemic job growth. Click here to read more.