The US Structurally Unemployed

The new face of American unemployment, By Jeanna Smialek and Patricia Laya, February 7, 2017, Bloomberg: “Even at so-called full employment, some 20 million Americans are left behind.  They’re looking for work, out of the labor force but unhappy about it, or report working part-time when they’d prefer more hours, according to data released last week. Their plight comes even as the U.S. flirts with what economists consider the maximum level of employment for the first time since before the recession, having added 15.8 million jobs since the start of 2010. While some of America’s jobless are simply between gigs, those persistently stuck out of work are called the structurally unemployed…”

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