Jared Bernstein and Chad Stone Discuss Long-Term Unemployment
In this video, Chad Stone had this to say about long-term unemployment: "Long-term unemployment is, in this recession, and aftermath, has been at unprecedented levels. In the really bad recession in the 1980s we didn't see anywhere near as much long-term unemployment." He and Jared Bernstein discussed the policy implications of this problem.
To read Chad's statement of November 4 on the October employment report, click here.