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News

August 8 2011

Record long-term unemployment means tough choices

With more than 40 percent of unemployed Americans defined as “long-term unemployed,” many are making the tough decision of dropping out of the workforce altogether. According to ICS Managing Director Linda Barrington, “for some people, there is a ratcheting down that's going to have to take place.”

Barrington commented on National Public Radio’s Weekend Edition.

Find complete story with audio at NPR.

Read ICS’ quarterly commentary on latest BLS Employment Cost Index.