Behind The Numbers: Slow Job Growth Is A Problem; Long-term Unemployment Is A Crisis

Perhaps the most depressing aspect of last week's report -- and the recovery in general -- is the huge number of long-term unemployed workers

Topics:  long-term   
BING NEWS:
  • August Jobs Report Delivers Mediocre Numbers
    The Bureau of Labor Statistics also reported that job growth in June was revised downward from ... A deeper dive into the report shows no significant changes in the long-term unemployment or labor force participation rates, and once again the top ...
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  • Three Big Questions on the Job Market, and How January’s Numbers Answer Them
    Mathematically, the rate of job growth will have to slow as we get closer to full employment, simply because the number of people available to be hired can over the long term only grow in ... of the survey from which the unemployment rate is derived ...
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  • The Labor Market Is Still Frozen
    It’s been a great few months for job growth. From November to January ... [SEE: Editorial Cartoons on Deficit and Budget] Here’s the problem: As the slow-to-recover hires and separations rate suggest, worker reallocation rates are down.
    02/11/2015 - 8:47 am | View Link
  • One Problem With the Great New Job Numbers
    In addition, long-term unemployment -- people unemployed for more than 27 weeks -- continued its long, slow decline, but is still near three ... reducing long-term growth. But there is one glaring sign that there is still slack in the labor market: wages ...
    10/3/2014 - 1:00 pm | View Link
  • Today’s Crappy Jobs Numbers, Brought To You By James Madison
    followed by a longer period of slow growth around 2.2 percent of Gross Domestic Product. These are not the sort of numbers that should give cheer to the long term unemployed or to young people struggling to find their first job. The origin of this problem ...
    02/7/2014 - 6:39 am | View Link
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BING SEARCH:
  • Unemployment
    Unemployment occurs when people who are without work are actively seeking paid work. The unemployment rate is a measure of the prevalence of unemployment and it is ...
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  • How a New Jobless Era Will Transform America
    How a New Jobless Era Will Transform America. The Great Recession may be over, but this era of high joblessness is probably just beginning. Before it ends, it will ...
    05/16/2012 - 12:43 pm | View Website
  • Bureau of Labor Statistics Data
    Series Id: LNS14000000 Seasonally Adjusted Series title: (Seas) Unemployment Rate Labor force status: Unemployment rate Type of data: Percent or rate
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  • Federal Reserve Bank of San Francisco | Research, Economic ...
    What is the sustainable pace of GDP growth in the United States? A plausible point forecast is that GDP per capita will rise well under 1 percent per year in the ...
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  • U.S. Bureau of Labor Statistics
    US Department of Labor agency that maintains statistical information about the economy, population, demographics, unemployment, wages, staffing patterns.
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