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examine the abnormally high rate of long-term unemployment - defined as an individual being out of work longer than six months - that currently

examine the abnormally high rate of long-term unemployment – defined as an individual being out of work longer than six months – that currently exists and some of the consequences of such unemployment. To get started, please review the following article from the New York Times

http://www.nytimes.com/2010/12/03/business/economy/03unemployed.html?pagewanted=all&_r=0
(unemployed and likely to stay that way)

as well as the following podcast from NPR (see attachments)

After reviewing the article and podcast, please write a brief opinion piece (around 400 words), such as might be found on the editorial page of a newspaper. In this opinion piece, please propose a policy solution(s) that you think the Federal government could undertake to either combat long-term unemployment or to address the consequences of long-term unemployment. Remember, though, that any policy you propose would likely impose its own costs either on the Federal government or on private firms or individuals. As a result, you should justify why the policies you are proposing are a superior alternative to simply doing nothing. - Labor Economics
project-2-NPR_MP3.mp3
project-2-NYT_Article.pdf

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8424974.doc

The problem is long term. USA is losing valuable human capital, and the government is not
even acknowledging the loss. it is focused on creating new jobs, without caring about the level
and skill...

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