Long Term Unemployed Increased 85% Since 2008 Recession
The Guardian

The Paris-based Organization of Economic Cooperation & Development (OECD) reports the long-term unemployed in the world's major economies has increased by 85% since the financial crash of 2008, and the "structural reforms" and austerity measures imposed in its wake. The OECD, which supported many of these measures, now warns cyclical unemployment has become structural, and any further cuts in wages or jobs would be "counterproductive" and threaten social cohesion.
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