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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 ...
Layoffs have been all over the news. More than 150 tech companies alone have said farewell to nearly 40,000 employees, per layoffs.fyi.It’s bad, of course, to be one of those heading out the door.
The median account balance for high-income older households (who earn about $282,000 per year) actually surged from $333,000 to $605,000 over that time — nine times more than middle-income ...
The decline is long-term in nature and is primarily driven by an aging country, as the Baby Boomers move into retirement (i.e., they are no longer in the labor force but are in the civilian population). Other factors include a higher proportion of working aged persons on disability or in school. [55] US Employment to population ratio, 1990–2021
By Christina Scotti Two men named Bob. Both are over 50 years old. Both had been working consistently for nearly three decades before losing their jobs in 2009. Both were out of work for more than ...
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 ...
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