The AP reports that compared to the last time jobless rates were over 10%, things are much tougher now and being unemployed hurts a lot more. There aren’t as many jobs available that pay as well, the numbers of jobs with decent benefits is much lower, people are carrying more debt, and those out of work are more likely to have to burn through their savings and retirement plans to make ends meet.

Read all about it here: http://news.yahoo.com/s/ap/20091107/ap_on_bi_ge/us_jobless_then_and_now