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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    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.
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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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  • Federal budget worsens inequality, high unemployment future
    The 2012 federal budget, which purports to deliver “jobs, growth and long-term prosperity,” does nothing ... not solving Canada’s unemployment problem—witness its (non job-creating) cash stockpile of $500 billion and counting.
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  • U.S. Bureau of Labor Statistics
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