Unemployment is bad. Obviously long-term unemployment is worse. But it’s not just a little worse, it’s horrifically worse. As a companion to our eight charts that describe the problem, here are the top ten reasons why long-term unemployment is such a national catastrophe: It’s way higher than it’s ever been before. When the headline unemployment rate peaked in 2010, it was actually a bit lower than the peak during the 1980 recession and only […]
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