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LONG-TERM UNEMPLOYMENT RATE TREND ESTIMATES
The trend estimate of the long-term unemployment rate for females rose from 18.7% in July 2001 to 19.7% in February 2002, before generally falling to 12.8% in November 2007. The trend has since generally risen to 19.0% in July 2011.
The trend estimate of the long-term unemployment rate for persons generally rose from 21.8% in July 2001 to 23.3% in March 2002, before generally falling to 13.0% in February 2009. Than the trend has risen to 19.6% in May 2011 before falling to 19.4% in July 2011.
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