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Long-term Hardship in the Labor Market

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  • John Schmitt
  • Janelle Jones

Abstract

In 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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File URL: http://www.cepr.net/documents/publications/long-term-hardship-2012-03.pdf
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Bibliographic Info

Paper provided by Center for Economic and Policy Research (CEPR) in its series CEPR Reports and Issue Briefs with number 2012-09.

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Length: 15 pages
Date of creation: Mar 2012
Date of revision:
Handle: RePEc:epo:papers:2012-09

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Related research

Keywords: unemployment; long-term unemployment; discouraged workers; marginally attached workers; part time for economic reasons;

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  1. John Schmitt & Kris Warner & Sarika Gupta, 2010. "The High Budgetary Cost of Incarceration," CEPR Reports and Issue Briefs 2010-14, Center for Economic and Policy Research (CEPR).
  2. Mari Rege, Kjetil Telle & Mark Votruba, 2005. "The Effect of Plant Downsizing on Disability Pension Utilization," Discussion Papers 435, Research Department of Statistics Norway.
  3. 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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