I've had this worry for a while, the economy can't absorb millions of long term unemployed. That kind of job growth would Almost require a new industry or massive domestic and international growth.

From The New York Times:

THE NEW POOR: Millions of Unemployed Face Years Without Jobs

The social safety net was built for short-term gaps between jobs, but work may be scarce for years, even as the American economy shows signs of a rebound.

http://s.nyt.com/u/BcE

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