Small Business Job Prospects Still Dim for Long-term Unemployed | Your Bottom Line
Bad regulations and higher taxes that discourage small business owners from hiring aren't the only challenges facing the long-term unemployed, says NFIB chief economist Bill Dunkelberg in this episode of Your Bottom Line. "The average time an individual goes without work has risen substantially since 2007," Dunkelberg said. "This contributes to a decline in work skills and reduces the chance that an unemployed worker can find another job." A Bureau of Labor Statistics measurement that incorporates those who have given up looking for work or have been forced to retire early puts the unemployment rate above 14%. 1:59
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