From 1% to 99% in 10 Seconds Flat

In Israel labor's market, workers who once got ahead by talent and guts are now playing financial chutes and ladders, without a rung to hold on to.

Moshe, 42, was fired eight months ago from his job as marketing manager because of cutbacks. It took 10 seconds to tell him he was history at the company. He hasn't been able to find work since. His dismissal sent his family spiraling down from the 10 percent, if not the 1 percent, straight to the class of the hoi polloi.