Long-Term Unemployment

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.
References in periodicals archive ?
Permanent vocational integration of unemployed or hoilfebedE-rftigen from long-term unemployment in a contributory employment with stabilization and aftercare.
The study compared the number of meals given annually by New York State Hunger Prevention and Nutrition Assistance Program pantries with statewide long-term unemployment per 1,000 people from 2002 to 2012.
But while general unemployment -- which had been on the rise since 2010 -- appears to be stabilising, and even decreasing by 2 per cent in seasonally-adjusted figures since December 2013, that has not been the case with long-term unemployment.
Across the whole of Britain more than 330,000 long-term unemployed people have found lasting employment through the Work Programme, bringing the largest drop in long-term unemployment in Britain for 16 years.
In a series of annual time-series regressions they found evidence that a long-term unemployment term, defined as the number of those who had been unemployed expressed as a proportion of total unemployment, entered positively in a wage equation.
While today's jobs report is encouraging, many families are still struggling with long-term unemployment and wages that have been stagnant for decades.
These factors combined to boost the fraction of job losers who would eventually end up in a state of long-term unemployment, as seen in Figure 5.
DAVID Cameron has suggested benefits paid to people under the age of 25 could be cut in an effort to reduce long-term unemployment.
FIRMS have offered more than 21,000 jobs to young people at risk of long-term unemployment under a Government wage incentive scheme, ministers said.
But long-term unemployment has reached its highest level since 1996, with 915,000 people out of work for more than a year, an increase of 32,000.
Across the UK, long-term unemployment increased to a 17-year high, despite another fall in the number of people claiming Jobseeker's Allowance.
LONG-TERM unemployment has hit a 17-year high - despite another fall in the numbers claiming Jobseeker's Allowance, new figures revealed.