Tag Archives: dol. u.s. unemployment

A new U.S. Senate report from the Joint Economic Committee says this: “Two years after the Great Recession officially ended, (Does anybody really believe the recession ended?) unemployment remains above 9% (the real rate is likely 12% or more). Equally alarming, the record long-term unemployment that characterized the Great Recession has shown few signs of abating and remains at near-record levels. Almost 4.5 million workers have been unemployed for a year or more. Another 1.7 million have been jobless for between six months and a year. Continue reading →