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

According to Friday’s Employment Situation Report, the total number of long-term unemployed is at a staggering 5.4 million Americans, or 42.8% of the total unemployed.

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  • 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 ...
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  • Behind the Numbers: Slow Job Growth is a Problem; Long-term Unemployment is a Crisis
    Any way you slice it, Friday’s jobs numbers were a huge disappointment. Forecasters were expecting 150,000 jobs added, and even that figure would have represented mediocre job growth. But the actual number of 67,000 new jobs isn’t even enough to keep ...
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    CBO provides Congress with nonpartisan analyses for economic and budget decisions and with estimates required for the Congressional budget process.
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