Photo: Katchooo on flickr
Even as the unemployment rate falls, America’s long-term unemployment problem isn’t going anywhere.The Pew centre defines long-term unemployment as “a jobless period of a year or longer.”
By the end of 2011, 4 million workers had been without work for at least a year, making up 31 per cent of the unemployed labour force.
To better understand long-term unemployment, we’ve compiled some charts from the Pew Fiscal Analysis Initiative, The Hamilton Project, Bureau of labour Statistics and the centre for Economic and Policy Research.
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