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The recession that began in the United States in December 2007 has
been one of the deepest and longest since World War II. One feature
that distinguishes the recent recession from its post-war
predecessors is the historically high percentage of unemployed
persons without jobs for more than six months (the long-term
unemployed). This book explores the current global recession, and
analyses the trend in long-term unemployment with considerations to
policymakers to enact legislation to stimulate job growth and
provide additional benefits to unemployed workers and their
families.
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