America's Prison Epidemic Drains Economy, Doesn't Register In Unemployment Stats, Report Says

Publication: The Huffington Post

Author: William Alden


09/30/2010 - The official unemployment figure of 9.6 percent is, according to a new report, "unrealistically rosy" because it doesn't account for a full 2.3 million Americans -- those serving time.

And not only that: When formerly incarcerated men find work after prison, their annual earnings are 40 percent lower than if they had never been behind bars, and their prospects for upward mobility are significantly bleaker, according to a new study by the Pew Charitable Trusts (hat tip to Mike Konczal).

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Read the article America's Prison Epidemic Drains Economy, Doesn't Register In Unemployment Stats, Report Says on the Huffington Post Web site.

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