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Long-term Hardship in the Labor Market

Author

Listed:
  • John Schmitt
  • Janelle Jones

Abstract

In this paper, we attempt to paint a demographic portrait of long-term hardship in the labor market. We display various measures of long-term hardship by race and gender, education, and age. In addition to the conventional long-term unemployment rate, we also show a broader measure that captures further dimensions of long-term hardship. This additional measure is the Bureau of Labor Statistic’s “U-6” alternative unemployment rate, which adds “discouraged” workers, the “marginally attached,” and workers who are “part-time for economic reasons” to the official unemployment rate.

Suggested Citation

  • John Schmitt & Janelle Jones, 2012. "Long-term Hardship in the Labor Market," CEPR Reports and Issue Briefs 2012-09, Center for Economic and Policy Research (CEPR).
    • Handle: RePEc:epo:papers:2012-09
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    References listed on IDEAS

    as
    1. John Schmitt & Kris Warner & Sarika Gupta, 2010. "The High Budgetary Cost of Incarceration," CEPR Reports and Issue Briefs 2010-14, Center for Economic and Policy Research (CEPR).
    2. John Schmitt & Janelle Jones, 2012. "Down and Out," Challenge, Taylor & Francis Journals, vol. 55(3), pages 5-20.
    3. Daniel Sullivan & Till von Wachter, 2009. "Job Displacement and Mortality: An Analysis Using Administrative Data," The Quarterly Journal of Economics, President and Fellows of Harvard College, vol. 124(3), pages 1265-1306.
    4. Mari Rege & Kjetil Telle & Mark Votruba, 2009. "The Effect of Plant Downsizing on Disability Pension Utilization," Journal of the European Economic Association, MIT Press, vol. 7(4), pages 754-785, June.
    5. John Schmitt & Janelle Jones, 2012. "Down and Out: Measuring Long-term Hardship in the Labor Market," CEPR Reports and Issue Briefs 2012-01, Center for Economic and Policy Research (CEPR).
    6. John Schmitt & Dean Baker, 2006. "Missing Inaction: Evidence of Undercounting of Non-Workers in the Current Population Survey," CEPR Reports and Issue Briefs 2006-03, Center for Economic and Policy Research (CEPR).
    Full references (including those not matched with items on IDEAS)

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    More about this item

    Keywords

    unemployment; long-term unemployment; discouraged workers; marginally attached workers; part time for economic reasons;
    All these keywords.

    JEL classification:

    • J - Labor and Demographic Economics
    • J0 - Labor and Demographic Economics - - General
    • J01 - Labor and Demographic Economics - - General - - - Labor Economics: General
    • J6 - Labor and Demographic Economics - - Mobility, Unemployment, Vacancies, and Immigrant Workers
    • J64 - Labor and Demographic Economics - - Mobility, Unemployment, Vacancies, and Immigrant Workers - - - Unemployment: Models, Duration, Incidence, and Job Search

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