Why Long-Term High Unemployment Is Bad. Very Bad.

First, let's review what's happened with unemployment in the U.S. during this depression Great Recession.  It's the red line that is most disturbing - the % of labor force that is still looking for work after being unemployed for over 6 months. As the graph shows, this is new stuff.  Well actually it has happened … Continue reading Why Long-Term High Unemployment Is Bad. Very Bad.