Long-Term Unemployment: Is It Here to Stay?

Saturday, 21 February 2015
General

The Great Recession was longer and deeper than any economic crisis since the Great Depression. The country is healing; the unemployment rate is half of what it was at the height of the recession; hiring has risen sharply in recent months; the real estate market has come back to life. But one lingering effect of the last recession may be with us for some time to come: long-term unemployment like we haven’t seen in decades.

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