South By North Strategies, Ltd.

A new report by the Pew Economic Policy Group finds that 23 percent of all unemployed Americans in December 2009 had been out of work for at least one year. From the report …

Long-term unemployment cuts across nearly every industry and occupation. even in fields with overall unemployment rates that are relatively low, workerswho become unemployed are remaining jobless for long periods of time.Workers older than 55 and those who are highly educated are less likely to become unemployed, but many of them are experiencing long jobless spells once they become unemployed.