Bait and Switch

the long version

"Barbara Ehrenreich's Nickel and Dimed explored the lives of low-wage workers. Now, in Bait and Switch, she enters another hidden realm of the economy: the shadowy world of the white-collar unemployed." "Bait and Switch highlights the people who've done everything right - gotten college degrees, developed marketable skills, and built up impressive resumes - yet have become repeatedly vulnerable to financial disaster, and not simply due to the vagaries of the business cycle. Today's ultralean corporations take pride in shedding their "surplus" employees - plunging them, for months or years at a stretch, into the twilight zone of white-collar unemployment, where job-searching becomes a full-time job in itself. As Ehrenreich discovers, America's middle class is now the loser in a classic game of bait and switch, in which the promise of upward mobility and financial security has given way to a harsh reality of limited social supports for newly disposable workers - and no guarantees even for those who have jobs."--Publishers note.