What Happens When Unemployment Runs Dry?

[According to Forbes], short-term unemployment—six months or less—was 4.9% [in January 2013], [...] only 0.7% above the pre-recession rate. Long-term unemployment [...] is at 3%, which is three times higher than before the recession. The long-term unemployed make up 38% of all workers without jobs. This troubling [statistic] not only [affects] the societal safety net … Continue reading What Happens When Unemployment Runs Dry?