Why long-term unemployment starts at 27 weeks

05.20.2021 - By Marketplace

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Another 444,000 Americans filed first time unemployment claims last week, reaching the lowest level since March 2020. At the opposite end of the unemployment spectrum, 4.2 million Americans are long-term unemployed, meaning they’ve been jobless for 27 weeks or more. On today’s show: The history of long-term unemployment in the U.S. Also, businesses are now the most trusted institution in the world, expanding Medicaid could produce more than 1 million new jobs in 2022, and the U.S. and China clash over international tech standards.
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