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For All - Fall 2025 Issue

Long-term unemployment recovered quickly after the COVID recession but may now be on the rise. Erik Hurst considers how automation and inflation change labor markets in the long run. Plus: the stagnating college wage premium and the path of new mothers' wages. Read this issue as a PDF
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Still looking: A return to rising long-term unemployment?
As striking as the COVID recovery was, the history of long-term unemployment in America shows large and consequential trends toward higher numbers
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