Monday, February 20, 2012

Long-Term Unemployment Boosting Jobless Rate (For 2/19/12)

Those who have been unemployed for a long time have actually boosted the unemployment rate due to the stigma associated with it and skill erosion. The lack of jobs has produced a huge number of long-term unemployed. Employers have engaged in discrimination against unemployed job candidates. The Obama Administration and Congrssional Democrats have sought to outlaw this practice. Congress adds to the poor image of the unemployed by including proposals allowing drug testing of the unemployed by those states that want to do this. http://www.huffingtonpost.com/2012/02/17/unemployment-long-term-unemployment-cbo_n_1284202.html?ref=business

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