The chart (below) shows: the average length (weeks) of unemployment…We are perhaps seeing a paradigm shift [as a] …result of global outsourcing and efficiencies of technology. The post-recession duration of unemployment has continued to rise, although the October 39.4 is off last month’s all-time high of 40.5. It had approached a level nearly double the peak in 1983 following the 1981-82 recession.
