The Great Recession caused a surge in unemployment. In the last quarter of 2009, the unemployment rate reached its peak at 9.9 percent. At that time, the average duration of unemployment spells (continuous time in unemployment) was 30 weeks. It would rise further—to 40 weeks—by the second quarter of 2010. Behind those averages are important differences in the changing incidence and duration of unemployment across age groups and by gender. In this essay, we focus on changes in the age distribution of long-term unemployment (LTU), the component of unemployment that grew to prominence during the Great Recession and its aftermath. In particular, we consider the differences between unemployed male and female workers. We also compare years before and after the Great Recession.1
View ArticleCategories
- Employment
- Economy
- Public Finance
- Regulation
- Cost of Living
- Business Climate
- Income
- Energy
- Wages
- Housing
- Indicators
- Education
- Infrastructure
- Demographics
- Unemployment
- Green Jobs
- Business Migration
- Firms
- Uncategorized
- Sales
- Trade
- Legal Climate
- Economic Development
- Health Care
- Projections
- Economic Impact
- Job Growth
- Transportation
- Manufacturing
- Job Trends
- Government
- Population
- Leisure and Hospitality
- Tourism
- Other Services
- Professional, Scientific & Technical Skills
- Legislation
- Information
- National
- Street Insider
- Transportation & Warehousing
- Occupations
Industries
- Economy
- Government
- Manufacturing
- Utilities
- Information
- Construction
- Trade
- Transportation
- Retail
- Warehousing
- Healthcare & Social Assistance
- Accommodation & Food Services
- Mining
- Agriculture, Forestry, Fishing & Hunting
- Education and Health
- Forestry
- Transportation & Warehousing
- Hunting
- Fishing
- Agriculture
- Financial Activities
- Finance & Insurance
- Leisure and Hospitality
- Professional and Business Services
- Social Assistance
- Health Care
- Wholesale Trade
- Educational Services
- Other Services
- Natural Resources
- Arts, Entertainment, & Recreation
- Professional, Scientific, & Technical Skills
- Farming
- Administration
- Support
- Waste Management
- Remediation
- Real Estate & Rental & Leasing