Alexander Monge-Naranjo and Faisal Sohail, “Age and Gender Differences in Long-Term Unemployment: Before and After the Great Recession,” Economic Synopses, No. 26, 2015.
“The Great Recession caused a surge in unemployment. In the last quarter of 2009, the unemployment rate reached its peak at 9.9 percent. At that time, the average duration of unemployment spells (continuous time in unemployment) was 30 weeks. It would rise further—to 40 weeks—by the second quarter of 2010. Behind those averages are important differences in the changing incidence and duration of unemployment across age groups and by gender. In this essay, we focus on changes in the age distribution of long-term unemployment (LTU), the component of unemployment that grew to prominence during the Great Recession and its aftermath. In particular, we consider the differences between unemployed male and female workers. We also compare years before and after the Great Recession.”
- Data cited in New York Times article, Over 50, Female and Jobless Even as Others Return to Work, January 2, 2016.
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