when the earthquake on Wall Street sent shockwaves throughout the country, Nevada got hit the worst. The economic collapse took down our housing and job markets along with it. When so many Nevadans lost their jobs, they lost much more than just a place to go to work in the morning. They lost their incomes, their savings and their retirement security. Many lost their gas money and their grocery money. Some lost their children's tuition payments. They have lost a measure of dignity. All of this through no fault of their own. But even after losing so much, they haven't lost hope. Now they wake up every morning and look for new work, a new way to support their families. It hasn't been easy. Jobs are harder to come by today than at any other time in recent memory. The Labor Department reports there is only one open job in America for every five Americans desperate to fill it. As a result, nearly half of the unemployed in this country have been out of work for 6 months or longer. One of those people is Scott Headrick of Las Vegas. Scott's been out of work for more than two years. He wrote me recently because he's angry how some on the other side are trying for political reasons to stigmatize and demonize the unemployed. He has good reason to be upset.
Editor's note · Context
The speaker addresses the economic impact of the Wall Street collapse on Nevada and the struggles of the unemployed.
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