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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
Some economic observers argue “structural unemployment” has increased in the wake of the Great Recession, but in this … paper we find little support for either of two arguments that suggest that structural unemployment has been on the rise. The … first argument focuses on the large increase in unemployment among construction workers. The second argument is that falling …
Persistent link: https://www.econbiz.de/10008867484
market institutions explain the pattern of unemployment across countries. The main culprits are held to be protective … institutions, namely unemployment benefit entitlements, employment protection laws, and trade unions. Our assessment of the … is the generally significant and robust effect of the standard measure of unemployment benefit generosity, but there are …
Persistent link: https://www.econbiz.de/10013087981
This report details the sharp decline in African-American employment in manufacturing and in African-American unionization rates. The study, which analyzed data from the U.S. Census Bureau's Current Population Survey, shows that the share of American workers in unions continues to fall, but...
Persistent link: https://www.econbiz.de/10005651416
job loss and raise the national unemployment rate. However, this issue brief shows that the experience of 22 countries … is no statistically significant relationship between national unemployment rates and legally-mandated access to paid sick …
Persistent link: https://www.econbiz.de/10005256261
From the early 1990s through the peak of the last business cycle, relatively low U.S. unemployment rates seemed to make … (OECD), the International Monetary Fund (IMF), and other international organizations all praised the U.S. unemployment … shows that in the current economic crisis, the U.S. unemployment rate ranks 4th to last among the major OECD countries. …
Persistent link: https://www.econbiz.de/10005256263
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
In 1982, the United States experienced the highest annual unemployment rate since the Great Depression – 9.7 percent …. In principle, that rate is directly comparable to the 8.1 percent seasonally adjusted unemployment rate for February 2009 …, and suggests that current unemployment is still not as bad as it was in 1982. The official unemployment rate, however …
Persistent link: https://www.econbiz.de/10004999572
recession in 2008. The report finds that such a recession would result in a significant rise in unemployment and the poverty …
Persistent link: https://www.econbiz.de/10005489822