Schmitt, John; Jones, Janelle - Center for Economic and Policy Research (CEPR) - 2012
The official concept of “long-term unemployment,” while useful, is incomplete and, in some cases, even potentially … unemployment in two ways. First, we encourage shifting from a narrow focus on long-term unemployment toward a broader concept of …-term hardship in the labor market, but are not captured in the standard measure of long-term unemployment. Second, we suggest …