2% of American workers have been unemployed for at least six months
The Daily Signal - 12/06/2014
The Beveridge Curve is a visual relationship between unemployment and job vacancies. As Northeastern University’s Rand Ghayad and Bill Dickens first showed, the Beveridge Curve for the long-term unemployed has shifted sharply since the beginning of the recession. The shift shows that the job market for the long-term unemployed is uniquely bad–despite research finding less stigma attached to long-term unemployment when the misfortune is widely shared.