Lew, thank you for saying what I thought. I am currently a manager at a small grocery store (since I haven’t found another ID job yet) and based on the number of applications I see every week there are a lot of people looking for jobs right now. And most people would be surprised by the degrees and former salaries many applicants have.
If I were to count how many people I know that are currently unemployed or were in the last 5 years, I would have to say it is close to to the percentages that Lew stated. Oh and don’t get me started on underemployment.