Media Advisory
New York Fed to Publish Blog Series on Long-term Unemployment and Labor Market Slack
November 13, 2014

On Monday, November 17, the Federal Reserve Bank of New York’s Liberty Street Economics blog will begin a 3-part series examining the impact of long-term unemployment on wages.

The series will feature the following posts:

“Are the Long-term Unemployed Different?” considers several important characteristics of long-term unemployed workers and compares them to the traits of the short-term unemployed, nonparticipants who say they want a job, and nonparticipants who say they do not want a job.

“How Attached to the Labor Market are the Long-Term Unemployed?” evaluates the employability of the long-term unemployed by looking at their labor market outcomes and labor force attachment.

“The Long-Term Unemployed and the Wages of New Hires” considers whether short-term unemployment exerts a greater influence on wages relative to long-term unemployment.

A press call will take place November 19 at 1:00 p.m. For more information, or to RSVP for the call, please contact Kevin Sajdak at kevin.sajdak@ny.frb.org or Andrea Priest at andrea.priest@ny.frb.org.