So now it has been revealed that major corporations will not consider an employment application from someone who is unemployed. This is so like the old saw that banks will not lend you money unless you can prove you don’t need it. So if you’re unemployed right now, you must be a loser, so don’t come knockin’ ’round here no more. Once you are unemployed, you have become unemployable, an economic untouchable. And that’s just the start.
What happens to those families whose mortgages are foreclosed? They will be forever banned from home ownership. And late paying a bill? Any bill? The news reverberate throughout the financial system, and you are forever marked. One day you are a productive member of society, and the next you are on the bread line. Bing Crosby tells it like it is with “Brother, Can You Spare a Dime?”.
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It certainly sounds like a tough situation. And when employers know that there’s an abundance of people seeking work, everyone’s head is just a step from the chopping block.