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Motion of the Council of Allegheny County authorizing a cooperative partnership between Allegheny County Council and the Career Development Center to identify candidates who have suffered from long term unemployment for employment with the Office of County Council.
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WHEREAS, the worker participation rate in America is close to 38-year low as there are 94 million people not currently working; and
WHEREAS, according to the Bureau of Labor Statistics (BLS), as the duration of unemployment increases, the likelihood of becoming employed in the following month declines. In 2014, about 35 percent of people who had been out of work less than 5 weeks found work in the next month; about 11 percent of people who had been out of work for 1 year or longer became employed in the following month; and
WHEREAS, according to the Bureau of Labor Statistics (BLS) the incidence of long-term unemployment increases with age. In 2014, for example, 22.1 percent of the unemployed under age 25 had looked for work for 27 weeks or longer, compared with 44.6 percent of those 55 years and older; and
WHEREAS, on November 2, 2015 Vice President Stephen Williamson of the St. Louis Federal Reserve issued a report that stated:
· One dimension of labor market performance that has not returned to levels which we would consider normal before the Great Recession is long-term unemployment;
· The number of long-term unemployed is still larger than at any time between the past two recessions; and
· They are unlikely to be hired under any conditions if their skills don’t match what employers want.
WHEREAS, in paper titled “Are the Long-Term Unemployed on the Margins of the Labor Market?” by Princeton University Economists, Judd Cramer, David Cho, Alan B. Krueger issued in March of 2014:
· The portrait of the long-term unemployed in the United States that emerges here suggests that, to a considerable extent, they are an unlucky subset of the unemployed, and that their prospects dec...
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