Preparing for the long-term recovery.
Economic pundits have recently brought more focus to what can be termed as long-term unemployment. They define it as a period of unemployment lasting six months or more. Estimates are that more than five-million people, or approximately one-third of the unemployed, are currently in this category. Many in this group come from industries that have provided stability in recent decades, such as the automotive, manufacturing, and high-tech fields. These industries may never fully rebound even as the economy starts to recover. Continue reading “The New Face of the Unemployed”
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