Long-term Hardship in the Labor Market
AbstractIn this paper, we attempt to paint a demographic portrait of long-term hardship in the labor market. We display various measures of long-term hardship by race and gender, education, and age. In addition to the conventional long-term unemployment rate, we also show a broader measure that captures further dimensions of long-term hardship. This additional measure is the Bureau of Labor Statistic’s “U-6” alternative unemployment rate, which adds “discouraged” workers, the “marginally attached,” and workers who are “part-time for economic reasons” to the official unemployment rate.
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Bibliographic InfoPaper provided by Center for Economic and Policy Research (CEPR) in its series CEPR Reports and Issue Briefs with number 2012-09.
Length: 15 pages
Date of creation: Mar 2012
Date of revision:
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unemployment; long-term unemployment; discouraged workers; marginally attached workers; part time for economic reasons;
Find related papers by JEL classification:
- J - Labor and Demographic Economics
- J0 - Labor and Demographic Economics - - General
- J01 - Labor and Demographic Economics - - General - - - Labor Economics: General
- J6 - Labor and Demographic Economics - - Mobility, Unemployment, Vacancies, and Immigrant Workers
- J64 - Labor and Demographic Economics - - Mobility, Unemployment, Vacancies, and Immigrant Workers - - - Unemployment: Models, Duration, Incidence, and Job Search
This paper has been announced in the following NEP Reports:
- NEP-ALL-2012-03-14 (All new papers)
- NEP-HME-2012-03-14 (Heterodox Microeconomics)
- NEP-HRM-2012-03-14 (Human Capital & Human Resource Management)
- NEP-LAB-2012-03-14 (Labour Economics)
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- Mari Rege, Kjetil Telle & Mark Votruba, 2005.
"The Effect of Plant Downsizing on Disability Pension Utilization,"
435, Research Department of Statistics Norway.
- Mari Rege & Kjetil Telle & Mark Votruba, 2009. "The Effect of Plant Downsizing on Disability Pension Utilization," Journal of the European Economic Association, MIT Press, vol. 7(4), pages 754-785, 06.
- John Schmitt & Kris Warner, 2010.
"The High Budgetary Cost of Incarceration,"
CEPR Reports and Issue Briefs
2010-28, Center for Economic and Policy Research (CEPR).
- John Schmitt & Dean Baker, 2006. "Missing Inaction: Evidence of Undercounting of Non-Workers in the Current Population Survey," CEPR Reports and Issue Briefs 2006-03, Center for Economic and Policy Research (CEPR).
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