It may be time to adjust the U.S. unemployment rate in another way besides the traditional seasonal adjustments.
A study published by the Brookings Institute argues that a significant portion of the unemployed — those who have been out of work for more than six months — won't work again.
The study comes from Princeton University authors Alan Krueger, Judd Kramer and David Cho. (Krueger served as President Obama's chief economic advisor.) It's key finding: just 11 percent of those who have been out of work for more than six months since the last recession have found work.
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