DiscoverMarketplaceLong-term unemployment is looming
Long-term unemployment is looming

Long-term unemployment is looming

Update: 2020-09-022
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It’s been nearly six months since the COVID-19 pandemic slammed the U.S. economy. Economic recovery remains sluggish and, as of July, only 40% of the newly unemployed were working again. Now, workers who were temporarily furloughed face permanent layoffs and long-term unemployment, defined as lasting more than 26 weeks. At that point, jobless benefits begin to run out. Plus: E-scooters are back, remittances are rebounding and manufacturing is surging.


 

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Long-term unemployment is looming

Long-term unemployment is looming

Marketplace / Kai Ryssdal