About 6 Million Didn’t Work at All Last Year - Real Time Economics - WSJ: "Nearly 6 million Americans looked for work but weren’t able to find employment at all last year, a new report shows.
The Labor Department’s report on work experience in 2009, released today, highlights the long-term unemployment problem that’s likely to linger for years. Some 5.8 million job-seekers were without work for the entire year in 2009, an increase of 2.7 million from a year earlier.
The majority of those unemployed for the entire year, nearly 57%, were men.
Long-term unemployment, which describes people who have been out of work for 27 weeks or more, has been more pervasive in the latest downturn than any other period on record. Of all those unemployed, 41.9% had been out of work for more than six months as of November."
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