Wednesday, June 10, 2015

[NJFAC] Long-term unemployment trends--BLS

Trends in long-term unemployment March 2015

Karen Kosanovich and Eleni Theodossiou Sherman

Long-term unemployment reached historically high levels following the Great Recession of 2007–2009. Both the number and share of the unemployed who are long-term unemployed typically continue to increase after a recession ends, before falling during a labor market recovery.  Following this cyclical pattern, long-term unemployment has fallen in recent years, although it remains high by historical standards. Five years after the Great Recession ended, the number of long-term unemployed still made up a larger share of unemployment than during any previous recession.

This Spotlight on Statistics examines trends in long-term unemployment and the characteristics of people who have experienced it.

A good slide-show of data organized by categories--age, gender, race, education, etc.

National Jobs for All Coalition

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