The Home Of The Bruce Collins Show

Monday, February 16, 2009

The Coming Crisis: White Collar Homelessness


Last month, unemployment rates surged to 7.6 percent. As the jobless population becomes older and more educated, many are ending up with no car, no job prospects, no health insurance, and - before long - no home. Will the dramatic increase of unemployment change the face of homelessness in America?


According to data from the Labor Department, more jobs have been lost in the past 12 months than any other period since the government began keeping records in 1939. Perhaps most disconcerting is that experts predict unemployment will get worse before it gets better. In 1991 and 2001, unemployment didn't hit its peak until two years after those recessions ended.


As unemployment becomes worse, community-based organizations are noticing a change in their clientele. Shelters are seeing clients who are more representative of the newly unemployed. Here's what one non-profit, Partnering for Change, reported on their blog just last week:


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