One in Five U.S. Workers Laid Off in Last Five Years, Report Says

September 25, 2017

One in five U.S. workers, nearly 30 million people, say they were laid off from their jobs in the last five years, according to a new survey that highlights lasting scars from the spike in U.S. long-term unemployment following the last recession.

While the extent of long-term joblessness has been discussed widely, including by top Federal Reserve officials, the survey from the John J. Heldrich Center for Workforce Development at Rutgers University could add fuel to the debate over how much of the problem can be dealt with through better economic policy.

Wall Street Journal, September 24, 2017

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