Uneven Unemployment

Annie Lowrey profiles TheLadders, a high-end job search site guaranteeing a six-figure job within six months for a fee of $2,500 (you have to first qualify for the service). Lowrey can't help but note that "the American jobs crisis is just not that severe for the people targeted by TheLadders":

A 2010 study by Andrew Sum, Ishwar Khatiwada, and Sheila Palma at Northeastern University's Center for Labor Market Studies demonstrates the point: The recession hit all workers, but it did not hit them equally. According to the study, the unemployment rate topped 30 percent in the lowest income decile. For workers in the second-highest decile, those making about $100,000 a year, the unemployment rate was only 4 percent. And those in the highest-income bracket, making more than $138,700 a year, the jobless rate was just 3 percent.

In short, unemployment was 10 times worse for those in the bottom rung of the income ladder than for those at the top of the ladder …