Lingering Unemployment Poses Long-term Risk

Policy makers are being urged to address long-term unemployment before those looking for work decide to give up trying for good.

Sections:  u.s.   business   
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    U.S. home sales picked up slightly in February but remain sluggish due to tight inventories, affordability problems and nasty winter weather. More
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    The dollar has risen above 100 yen for the first time in more than four years as currency traders persist in selling the Japanese currency in reaction to Tokyo's aggressive credit-easing moves. More
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    The resurgent U.S. housing market has sent builders calling again for Richard Vap, who owns a drywall installation company. Vap would love to help - if he could hire enough qualified people. "There is a shortage of manpower," says Vap, owner of South Valley Drywall in Littleton, Colo. More
  • Interest Rates And U.S. Investors: Caution
    For "value" investors, this poses two dilemmas. One is that low interest rates undermine the utility ... Short-term unemployment is now at a low level. However, while down, long-term unemployment ...
    12/9/2019 - 11:55 pm | View Link
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  • Despite Continued Job Growth, Long-Term Unemployment Persists
    But the hidden story is the unprecedented levels of long-term unemployment. The average unemployed person is out of work for 24.9 weeks, compared to an average duration of 12.8 weeks the last time the unemployment rate was at 4.3 percent, in March 2001. The duration of unemployment makes all the difference.
    12/7/2019 - 2:43 am | View Website
  • Unemployment Short-Term and Long: Problems and Policy ...
    The surprising and continuing growth of long-term and very-long-term unemployment well into the economic recovery and in the face of repeated extensions of emergency benefits, up to 99 weeks in some states, poses important questions for employment policy.
    11/30/2019 - 10:32 pm | View Website
  • Underemployment Poses Long-Term Financial Risk to More Workers
    Underemployment Poses Long-Term Financial Risk to More Workers ... long-term unemployment as people, off the job for more than six months, stopped ... nationally, helps account for a lingering eco-nomic malaise and pessimistic sentiment amid the slow pace of recovery.
    11/23/2019 - 11:28 am | View Website
  • Lingering Unemployment Poses Long-Term Risk
    Economists warned that long-term unemployment could be transformed in the next few years into structural unemployment, meaning that the problem is not just too few jobs and too many job seekers,...
    10/26/2017 - 3:35 am | View Website
  • The Plight of the Long-Term Unemployed | CEPR Blog | CEPR
    In both 2006 and 2007, the average duration of unemployment was 17.9 weeks; as of last month, the average unemployment spell was more than 50 percent longer at 27.6 weeks. And because most of the long-term unemployed are no longer eligible for unemployment insurance, they have to get by without any public support.
    09/2/2016 - 9:07 am | View Website
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