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Although labor income is by far the largest component of gross national product, a job is not just a commodity. For many, work is an important reason for living. Even for those who are less fortunate in their allocation of work, being unemployed is a miserable state.

When more and more people are thrown out of work, unemployment results.

Unemployment is sky-rocketing; deflation is in our future for the first time since the Great Depression. I don't care whose fault it is, it's the truth.

The shock of unemployment becomes a pathology in its own right.

Prolonged unemployment is a tragedy of broken lives, broken families, foreclosed homes, and life without health insurance.

Unemployment is a great tragedy. The man who goes about hopelessly seeking work in order to earn bread for his children is a living reproach to civilization.

Unemployment is of vital importance, particularly to the unemployed.

When everything is going well, the role of the state in the economy should be limited. When we are in a crisis, it's different.

Long-term unemployment can make any worker progressively less employable, even after the economy strengthens.

Working gets in the way of living.