https://hotair.com/headlines/archives/2012/11/08/jobs-will-be-the-real-test-for-obama/feed/HotAir is the leading conservative blog for breaking news and commentary covering the Biden administration, politics, media, culture, and current elections.en-usTue, 09 Jun 2026 03:23:10 -0400<![CDATA[What truly defines the bleak job market is long-term unemployment, which is near post-World War II records. Beginning in December 2009 — that is, for 35 consecutive months — the share of the unemployed who have been jobless for more than six months has exceeded 40 percent. The previous postwar high occurred in 1983, just as the economy was emerging from the harsh 1980-82 slump, when the share of long-term unemployed exceeded 25 percent for a single month. Typically, the long-term jobless represent from 10 percent to 20 percent of the total.]]>Thu, 08 Nov 2012 18:37:32 -0500<![CDATA[Allahpundit]]>https://hotair.com/headlines/2012/11/08/jobs-will-be-the-real-test-for-obama-n97306