Unemployment: It is different this time…

Average duration of unemployment is far, far longer than any time in the last 70 years.

fredgraph

It turns out that when you pay people not to work, a non trivial percentage of them won’t work. Now who would have ever imagined that would be the case?

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One Response to Unemployment: It is different this time…

  1. Rockheim says:

    WHAT YOU SAY?!? SOMEONE SET US UP THE BOMB!!

    Hmm… Humans choosing the path of least resistance.. Gosh.. Who-da thunk it?!

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