Our Long-Term Unemployment Challenge (In Charts)

With the U.S. Bureau of Labor Statistics reporting the latest non-farm employment rate to be 7.6 percent, lagging employment remains a central challenge for policymakers.

In this post on his blog Macro and Markets, CFR’s Robert Kahn examines long-term unemployment trends and how they stack up to the current recovery through a series of charts. Kahn finds that we are witnessing a dismal exacerbation of the usual recovery in employment, putting the spotlight on improving structural and fiscal policies aimed at helping the unemployed rebuild skills and find jobs.