Interesting but scary piece on unemployment, age and education. You're going to see fewer people with college degrees unemployed, but more of them are in the ranks of the long-term unemployed, especially those who are 45 and over. I recall a churchmate in Indy who was an unemployed computer programmer who was easily AARP-eligible; he had been unemployed for over two years.
I currently resemble that, for I have been underemployed for eight months after losing my teaching job in November; I've been freelance writing and online-tutoring part time, but regular work has been non-existant. Being both over-credentialed and under-experienced makes me a tough fit in a resume-driven job market.
It's somewhat encouraging to see that it isn't just me, but that a lot of folks in my boat are struggling.