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The Composition of Long-term Unemployment Is Changing toward Older Workers

Author

Listed:
  • Alexander Monge-Naranjo
  • Faisal Sohail

Abstract

The Great Recession has been officially over for more than six years, but the rate of long-term unemployment (26 weeks or longer) remains elevated. Two age groups have been hurt the most: those 25-44 and, even more so, those 55 and older.

Suggested Citation

  • Alexander Monge-Naranjo & Faisal Sohail, 2015. "The Composition of Long-term Unemployment Is Changing toward Older Workers," The Regional Economist, Federal Reserve Bank of St. Louis, issue Oct.
    • Handle: RePEc:fip:fedlre:00092
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