U.S. Changes Formula On How It Measures Long-Term Unemployment

| December 28, 2010

Hmm…… So many Americans have been jobless for so long that the government is changing how it records long-term unemployment.Citing what it calls “an unprecedented rise” in long-term unemployment, the federal Bureau of Labor Statistics (BLS), beginning Saturday, will raise from two years to five years the upper limit on how long someone can be […]

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