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The number of people considered to be long-term unemployed, defined as being jobless for 27 weeks or more, was little changed at 1.7 million in November compared with a month ago. The figure is up ...
In a worrisome trend, a rising proportion of job losses in the United States appear to be permanently gone.
Largely lost in last week's disappointing September jobs report is the fact that the number of long-term unemployed Americans continues to decline -- a good sign for those who want to return to ...
The share of unemployed who have been out of work for 27 or more weeks (i.e., long-term unemployed) averaged approximately 19% pre-crisis; this peaked at 48.1% in April 2010 and fell to 24.7% by December 2016 and 20.2% by December 2018. [43]
99ers is a colloquial term for unemployed people in the United States, mostly citizens, who have exhausted all of their unemployment benefits, including all unemployment extensions. As a result of the American Recovery and Reinvestment Act passed by Congress in February 2009, many unemployed people could receive up to 99 weeks of unemployment ...
Long-term unemployment is a component of structural unemployment, which results in long-term unemployment existing in every social group, industry, occupation, and all levels of education. [23] In 2015 the European Commission published recommendations on how to reduce long-term unemployment. [24] These advised governments to:
In 2007, more than 50 percent of college graduates had a job offer lined up. For the class of 2009, fewer than 20 percent of them did. According to a 2010 study, every 1 percent uptick in the unemployment rate the year you graduate college means a 6 to 8 percent drop in your starting salary—a disadvantage that can linger for decades.
Long-term unemployment As of October 2024, 1.6 million Americans could be categorized as “long-term unemployed” or unemployed for more than 27 weeks, according to the U.S. Bureau of Labor ...