«We had 800,000 unemployed when we walked in the door — largest number
of unemployed people since the great depression.
Not exact matches
While there have been improvements in some labour market indicators, the number
of people who have been
unemployed for over a year has remained frustratingly high
since the end
of the recession, as shown in the graph below.
The number
of unemployed people is the highest
since 1994.
«You're essentially condemning a lot
of unemployed people to a much lower standard
of living
since in these [coal - producing] regions there are no readily available jobs that can offer salaries that compete with a coal mine,» he added.
Since most
people (employers included) are influenced by the thinking
of others, a job candidate
unemployed for a prolonged period
of time is viewed the same way as a house that has been on the market for an extended period — «there must be a problem.»
However, despite the fact that jobs were added to the economy, the unemployment rate remained unchanged at 9.6 percent in October — and has been essentially unchanged
since May 2010 — while the number
of unemployed persons was also little changed at 14.8 million during the month.