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IPFS News Link • Economy - Economics USA

The Unprecedented Duration of Unemployment

06-05-2010 • 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 (red line). 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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Reported By Jack Gregson

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