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Make a Schedule. You’ll have plenty of time to work 9-to-5 when you get your next job. Right now, it is important to devote a reasonable amount of time to each part of your job search so that ...
Structural unemployment is one of three categories of unemployment distinguished by economists, the others being frictional unemployment and cyclical unemployment. Because it requires either migration or re-training, structural unemployment can be long-term and slow to fix. [1]
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The number of long-term unemployed (those jobless for 27 weeks or more) declined by 293,000 in June to 3.1 million; these individuals accounted for 32.8 percent of the unemployed. Over the past 12 months, the number of long-term unemployed has decreased by 1.2 million." [35]
CBO reported several options for addressing long-term unemployment during February 2012. Two short-term options included policies to: 1) Reduce the marginal cost to businesses of adding employees; and 2) Tax policies targeted towards people most likely to spend the additional income, mainly those with lower income.
Like "credit default swaps" and "quantitative easing," "long-term unemployment" was a term seldom heard before the 2007 financial crisis. Now it is a very grave reality for 1.3 million Americans ...
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