4 ms·
It's probably not simple enough to just look at unemployment-- we should look at workforce participation. The economist had a good chart on the breakdown of: wo
by civilian 11y ago
It's probably not simple enough to just look at unemployment-- we should look at workforce participation. The economist had a good chart on the breakdown of: working, unemployed, long-term unemployed, disabled, and retired: http://blogs.wsj.com/economics/2015/10/21/what-we-know-about-the-92-million-americans-who-arent-in-the-labor-force/ http://blogs.wsj.com/economics/2015/10/21/what-we-know-about... (It confirms what you said--- young people have the hardest problems with unemployment.)
I also found this graph: http://www.economist.com/node/21610975 http://www.economist.com/node/21610975 People over 54 are doing great! It's the 24-54 cohort that is getting kicked to the curb.