"A new nationwide survey conducted in August 2011 finds that 41% of Americans who lost a job before being first surveyed two years ago are either unemployed (33%) or employed part time but looking for full-time jobs (8%). The number employed either full or part time now stands at 43%, while the remaining 17% are not in the labor force. Just one-quarter of those over age 50 first surveyed in 2009 now have a full-time job.
Three-quarters of the currently unemployed have been out of work for more than six months and fully half have been out of work for more than two years. Three-quarters of these long-term unemployed say the recession has had a major impact on their families; 60% say they have borrowed money from family or friends to make ends meet. The same number report cutting back on food and health care to the extent that it has made a difference in their daily lives.
Among those fortunate enough to find work, over half settled for lower pay; nearly one-third saw their job-related benefits cut. Just 57% believe their new jobs will be permanent and a similar number say they took the job just to get by while looking for something better. About 45% found themselves employed in an area extremely different from where they had been working. Although grateful for their opportunities, reemployed workers describe their new job as a step down rather than a step up by a margin of almost two to one.
The percentage saying the U.S. economy is experiencing fundamental and lasting changes has grown from 52% in August 2009 to 71% in August 2011. Despite the formal “end” of the recession in June 2009, just 29% say the economy is in a temporary downturn, compared to 48% who thought this way in August 2009."
http://fulltextreports.com/2011/09/03/out-of-work-and-losing-hope-the-misery-and-bleak-expectations-of-american-workers/