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The long-term and short-term unemployed are similar

Here's an interesting chart from the White House Council on Economic Advisors showing that the short-term unemployed and long-term unemployed have broadly similar educational attributes:

Duration_big That's at least one datapoint in favor of the view that broadly stimulative fiscal and monetary policy could help both classes of jobless workers and it's not necessarily all about emergency targeted assistance for the long-term unemployed.

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