November 2011 Addendum: A Year or More: The High Cost of Long-Term Unemployment
- Fiscal Federalism Initiative
- November 30, 2011
Quick SummaryIn the third quarter of 2011, approximately 31.8 percent of the nearly 14 million Americans who were unemployed had been jobless for a year or more.
The challenge of long-term unemployment has persisted over the last year, even as the overall unemployment rate has improved somewhat. A Year or More: The High Cost of Long-Term Unemployment, a report released by the Pew Fiscal Analysis Initiative in April 2010, found that in December 2009, 23 percent of the 14.7 million unemployed had been out of work for a year or longer.