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July 15, 2002

Long term unemployment

The Economic Policy Institute Job Facts outlines that below the surface of steadily rising unemployment is a horrifically long-term class of unemployed. Except for one month in the early 1980s, "the median number of weeks spent unemployed-11.7 in June-was the highest since such data were first collected in 1948. " Yet unemployment insurance, despite the passage in March of "emergency" extensions, will run out before those 11 plus months in all but two states - Washington and Oregon - which have high enough unemployment to qualify for a full 12 months of UI benefits.

Posted by Nathan at July 15, 2002 10:10 PM

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