The Unemployment Dilemma

October 5, 2009 12:00pm by Barry Ritholtz

The last recession recovery cycle was notable for how poor it was in terms of recovering jobs lost int he contraction.

This cycle is already looking to surpass the prior one: Not only in the degree of lost jobs, but in terms of long term unemployment, and how long it will take to recover these jobs.

Historical Long Term Unemployment

Long Term Unemployment, Current Cycle

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Projected Unemployment Recovery to Peak Employment

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