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Duration of Unemployment: Long Term Chart of the Day

03-07-2010 • CalculatedRiskBlog.com

What really makes the current period stand out is the number of people (and percent) that have been unemployed for 27 weeks or more. In the early '80s, the 27 weeks or more unemployed peaked at 2.9 million or 2.6% of the civilian labor force.

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