Regional Differences in Chronic Long-Term Unemployment
Quarterly Review of Economics and Finance, Vol. 38, No. 2, Summer 1998
Posted: 20 Apr 1998
Unemployment durations for the typical jobless person have trended upward since the mid 1960s. This is troubling because the long-term unemployed are at great risk of entering the underclass and concentrations of long-term unemployment put stress on states and localities. This study examines the differing determinants of long-term versus short-term unemployment at the state level. One primary goal of this research is to examine whether employment growth is a reasonable way of reducing long durations of unemployment, or conversely, do the new jobs simply go to other individuals.
JEL Classification: J64
Suggested Citation: Suggested Citation