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measures of long-term hardship by race and gender, education, and age. In addition to the conventional long-term unemployment … Bureau of Labor Statistic’s “U-6” alternative unemployment rate, which adds “discouraged” workers, the “marginally attached …,” and workers who are “part-time for economic reasons” to the official unemployment rate. …
Persistent link: https://www.econbiz.de/10009652357
The official concept of “long-term unemployment,” while useful, is incomplete and, in some cases, even potentially …-term unemployment in two ways. First, we encourage shifting from a narrow focus on long-term unemployment toward a broader concept of …-term unemployment – including “discouraged” and “marginally attached” workers and those involuntarily working part-time jobs – face long …
Persistent link: https://www.econbiz.de/10009398262
The strong rise in the U.S. stock market since the spring and the return to positive economic growth in the third quarter of this year have created a consensus among economists that the Great Recession is very likely over. Unfortunately, the end of the official recession will have little visible...
Persistent link: https://www.econbiz.de/10008545825