Home > Economics, Employment > Global Long-Term Unemployment Seen Increasing

Global Long-Term Unemployment Seen Increasing

Thursday, October 24th, 2013 Leave a comment Go to comments

Here is a chart from The Economist that highlights the bleak outlook of global long-term unemployment. In particular, more than a third of unemployed people in rich countries have been out of work for over a year. What’s more is since the financial crisis began, the number of long-term unemployed people has doubled to almost 17 million, according to data from the OECD, a think-tank.


Economist_longterm unemployment

Source: Economist

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