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Long-Term Unemployment

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Long-Term Unemployment
The lack of work for an extended period of time, often defined as six months or longer. Long-term unemployment can be extremely harmful to the unemployed person because he/she may lose eligibility for certain government benefits if he/she has been out of work for too long. Likewise, significant long-term unemployment can create a vicious cycle for the economy at large: the skill set of the long-term unemployed workers may languish or even become obsolete in some industries, which makes it more difficult for them to find work when employers begin to hire again.


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There is the fact that this will increase the benefit bill, undermining the government's attempts to cut public spending, but more important than this, it is well known that both youth unemployment and long-term unemployment have lasting damaging social consequences for the individuals concerned; once again written off by the Tories.
Total long-term unemployment, including those not eligible for benefits, increased to 839,000 in October, a 34% rise on the year and the highest level since February, 1997.
The TUC found that long-term unemployment has doubled since the start of the recession.
 
 
 
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