Figure 13.1Distribution of the Unemployed by Duration of Unemployment, 2000 and 2010
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Distribution of the Unemployed by Duration of Unemployment, 2000 and 2010In years when the unemployment rate is low, most unemployed workers are unemployed for only a short period. In 2000, a year of low unemployment, 45% of the unemployed had been unemployed for less than 5 weeks and 77% for less than 15 weeks. The short duration of unemployment for most workers suggests that most unemployment in 2000 was frictional. In early 2010, by contrast, only 20% of the unemployed had been unemployed for less than 5 weeks, but 41% had been unemployed for 27 or more weeks, indicating that during periods of high unemployment, a smaller share of unemployment is frictional.
Source: Bureau of Labor Statistics.
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