In Greece, where around a quarter of the population is jobless, the long term unemployment
rate stands at over 18 percent -- a far cry from the 1.
One of the types of unemployment with severe consequences on society, especially when its rate is high, is long term unemployment
, a component of structural unemployment, linked to an unemployment period of over one year, according to the European Union.
With thousands of young adults in Wales facing long term unemployment
, the emotional toll and loss of their potential is tragic.
These disparities will lead to long term unemployment
in the develop countries or even permanently, which will create social tensions, a larger disparity between small and big wages and a decrease in the life standards at country level.
These figures show that large numbers of people previously at risk of long term unemployment
are finding a job and staying in work.
The report branded long term unemployment
"the hidden crisis" as another 800 jobs were lost across the country on Wednesday.
Long term unemployment
will continue to be a threat in 2012 so we can't afford to place workers in unsuitable positions, which is a so-called solution that only adds a sticking plaster to the problem.
LONG term unemployment
has risen sharply in parts of the North East, according to new figures.
Employment Minister Chris Grayling said: "These figures explode themyth that long term unemployment
was effectively cracked by the previous Government and that it's only the recession which is responsible for people struggling to get into work.
We need to make sure young people do not suffer the scarring effects of long term unemployment
FOUR new training centres are to be opened in Coventry and Warwickshire to help tackle long term unemployment
The Mersey Partnership chief executive said the ``deep-seated social issues'' that go with long term unemployment
are also a big concern.