Long-Term Unemployment and Recessions

Mayer, Gerald ; Levine, Linda

Library of Congress. Congressional Research Service.

关键词: Economic policy;    Business cycles;    Labor;    Unemployment;   

RP-ID  :  R41179
RP-ID  :  R41179_2010Nov22

美国|英语

来源: UNT Digital Library

【 摘 要 】

This report discusses the recession that began in the United States in December 2007 and officially ended in June 2009 and how this recession affected employment rates. This report analyzes the trend in long-term unemployment over the postwar period and offers explanations for its unusually high incidence during the most recent postwar recession. It compares the individual, job, and household characteristics of the long-term unemployed during the latest recession (2007-2009) with the long-term unemployed at the end of the two previous recessions (1990-1991 and 2001).