(Answered) In february 2010 the average duration of unemployment

Economics

In February 2010, the average duration of unemployment increased to 30.5 weeks, a record high.

According to CNN Money, “It’s no wonder unemployed workers are getting discouraged: It’s never taken longer to find a new job.”

a. What type of unemployment is the quote referring to?

b. What may happen if workers become discouraged?

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Microeconomics, Economics

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