Strong new employment figures for June have pushed the rate of long-term unemployment—those out of work more than six months—down to 33% of all unemployed Americans, its lowest rate in five years. (It is still much too high.)
The "Black Tunnel" of Long Term Unemployment
Long term unemployment is a twofold curse. Not only does it rob a person of their livelihood; it also makes them less likely to be hired again. That should not be the case. Here's a good reminder of why.
And Now, a Few Words From the Long-Term Unemployed
Almost four million Americans officially suffer from long-term unemployment. Unable to secure any meaningful legislation to help them, President Obama is reduced to begging corporations to pledge not to discriminate against them. What is long term unemployment like?
