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Labor & Economic News Blog

Compiled by Janice Kimball and the staff of the IRLE Library

Wednesday, January 09, 2013

The Psychological Toll and Economic Fallout of High Unemployment

The Psychological Toll and Economic Fallout of High Unemployment
Two features of the recovery have inflicted harsh burdens on the nation’s unemployed. First, an exceptionally high proportion of unemployment has been long-term, that is, has lasted six months or longer. Second, since reaching a peak of 10% in October 2009, unemployment has fallen at a glacially slow pace.

# posted by Janice's Labor, Work, Economics News Blog @ 9:10 AM



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