VIDEO CBS, PHDs in Charities or cleaning dirt, picking trash and recycling : Unemployment in Silicon Valley, many PHDs, Masters and BAs - Ninety Niners in San Jose Valley California ( Silicon Valley ) - Desperation, Sadness, Free Food, Recycling

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The sons go into the military instead of College. Selling the House is next - "I am shocked of being here" :

"We were donors, not beggars" - "I did not expect to be a baby of my 88 years old mother"

Depending on Kindness of Relatives and Friends - Working with Garbage after PHD and experience in advanced and modern businesses.

Long time unemployment wrecks all their savings - If you count the part timers, underemployed and those that do not seek employment actively then the number is 17% nationally for unemployment...... In California it is 22%.




Is this Structural Unemployment ??


Weeping for a job - Failed in Business, lost their Business or lost their job.
Some office buildings are empty in San Jose !




Uploaded by CBS NewsOnline on Oct 24, 2010


Even after an extension of unemployment benefits to 99 weeks, many of those about to go off the program are in a quandary. Scott Pelley talks to some of them in Silicon Valley.

Unemployment Benefits: The 99ers