Job Market Monitor
Long-Term Unemployment
US / The Unemployment Problem is a long-term unemployment problem
In a response to Friday’s jobs report, Jason Furman, the Chairman of the White House’s Council of Economic Advisors, included this graph that shows the share of unemployment benefits going to long-term unemployed workers (those out of work more than 27 weeks) and short-term unemployed workers. Check it out: Source: Council of Economic Advisers The … Continue reading
Long-term unemployment is increasing around the world says ILO
Unemployment spells for workers are becoming longer in some countries compared to the pre-crisis situation in 2008, according to the new edition of the ILO Key Indicators of the Labour Market (KILM) Continue reading
Long-Term Unemployment in US / A new team of five researchers at MIT
If there is a way out of America’s crisis of long-term unemployment, it\’s possible nobody has a better chance of finding it than a new team of five researchers based at the Massachusetts Institute of Technology. Their project, the Institute for Career Transitions, will take a data-driven approach to figuring out the best way to … Continue reading
Unemployed Older Workers in US / One’s past hard work and successes can become the very thing that keeps one from finding a new job
There are currently more than 4 million Americans who have been unemployed for 27 weeks or more. This figure doesn’t include those who work part-time or on contracts — or those who, discouraged, have simply stopped trying. Many of them are older and well educated, and their situation doesn’t seem to be improving despite America’s slow … Continue reading
Chronic unemployment shortens lives finds genetics study
The results, reported in the journal PLOS One: “Among 31-year-old men, unemployment exceeding 500 days or two calendar years within the previous three years was associated with shorter leukocyte telomere length,” the researchers report Continue reading
US / The long-term unemployment crisis in one chart
Short-term unemployment is actually lower than it was in 2007. Indeed, the percentage of the labor force that had been unemployed for five weeks or less didn’t grow all that much during the economic meltdown. Continue reading
US / Adjusting to the ‘New Normal’ of Long-term High Unemployment
The problem now is that more than half the unemployed have been jobless for six months or longer Continue reading
UK / Views on how should long-term unemployment be tackled?
How should long-term unemployment be tackled in UK ? Continue reading
US / Who Are the Long-Term Unemployed?
Relative to currently employed workers, those who have been out of work for more than 26 weeks (the long-term unemployed) tend to be less educated and are more likely to be nonwhite, unmarried, disabled, impoverished, and to have worked previously in the construction industry and construction occupations Continue reading
What is the only thing worse than unemployment? Long-term unemployment
The insights come from an upcoming paper by Swedish economists Stefan Eriksson and Dan-Olof Rooth, which is to be published in the American Economic Review Continue reading
The Long-term Unemployed Face Severe Discrimination
Researchers at the Federal Reserve have found that people who are unemployed more than six months are heavily discriminated against. They sent fake resumes to hundreds of employers in response to job postings. Applicants who had only recently lost a job but had no relevant experience were far more likely to be called than those … Continue reading
North Carolina / First state to cut federal long-term jobless benefits
North Carolina is the first state to cut off a federal unemployment compensation program for the long-term jobless Continue reading
US / Long-Term Unemployment Persists
Long-term unemployment remains a very dark shadow in the May jobs report: 4.4 million workers have been out of a job for more than six months. In essence, the job market has normalized for the short-term unemployed. But the longer you have been out of a job, the bleaker the picture gets. The number of … Continue reading
US Long-Term Unemployment / Why so many people have been out of work for so long
Democrats generally point to the anemic recovery, in which weak demand for goods and services results in less hiring. The cyclical nature of unemployment, they say, can be addressed with more government stimulus. Republicans tend to focus more on structural problems, in which the education and experience levels of the unemployed don’t match what employers … Continue reading
US / Hearing on long-term unemployment: Who cares?
When the Joint Economic Committee’s hearing on fixing the nation’s problem kicked off on Wednesday, April 24, only one lawmaker was in attendance: Sen. Amy Klobuchar, the Committee’s vice chair who was holding the hearing. (Niraj Chokshi) It stands to reason that lawmakers who often decry the high jobless rate would want to be seen … Continue reading
Jobs – Offres d’emploi – US & Canada (Eng. & Fr.)
The Most Popular Job Search Tools
Even More Objectives Statements to customize
Cover Letters – Tools, Tips and Free Cover Letter Templates for Microsoft Office
Job Market Monitor 