Table 2
Decomposition of the 1.2 percentage-point increase in the long-term unemployment rate between June 2007 and June 2014
| Percentage-points explained by: | (1) | (2) | (3) |
|---|---|---|---|
| Changing demographics | 0.0 | 0.0 | 0.0 |
| Change in current unemployment rate | 0.2 | 0.6 | 0.2 |
| Long-run time trend | 0.2 | 0.2 | |
| Change in unemployment rate over last six and 12 months | 0.7 | ||
| Unexplained | 1.0 | 0.4 | 0.1 |
| Total change | 1.2 | 1.2 | 1.2 |
Note: For methodological notes, see Appendix A.
Source: Authors' analysis of basic monthly Current Population Survey microdata
This chart appears in:
Previous chart: « Long-term unemployment rates of various groups, 2007 and 2013
Next chart: Long-term unemployment rates, by state, 2007 and 2013 »