SQUAWK/NEWS
Account
Theme
Account
Menu
Live News MACRO ARTICLE L impact

Long-Term Unemployment Shows the Pain In a Low-Hire, Low-Fire Job Market — Market Talk

In a labor market with low hiring and low firing, it's hard for some Americans to get back into the market once they're locked out. In the household survey from Friday's jobs report, 27% of unemployed people have been jobless for 27 weeks or more. This figure has largely hovered around that range f…

In a labor market with low hiring and low firing, it's hard for some Americans to get back into the market once they're locked out.

In the household survey from Friday's jobs report, 27% of unemployed people have been jobless for 27 weeks or more.

This figure has largely hovered around that range f…