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Duration Unemployment in US
In June of 1983, the percentage of those unemployed 27 weeks or longer peaked at 26%. That is the only month prior to April of 2009 above the 25% mark. Starting April of 2009, every month has been above the 25% mark. Starting July of 2009, every month has been above the 30% mark. Starting … Continue reading
States with the Longest Stretches of Unemployment
In the annals of states with long stretches of high unemployment, Nevada seems destined to become the poster child for the Great Recession and foreclosure crisis. The state has an 11.9% unemployment rate — a half a percentage point higher than runner up Rhode Island. Nevada has led the nation in unemployment for 27 months, … Continue reading
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