(AP Photo/Paul Sancya, File)

Nov. 17 (Bloomberg) — Long-term unemployed Americans are demographically similar to those who are jobless for a shorter time and should therefore be included when measuring labor-market slack, according to Federal Reserve Bank of New York research.

Gender, race, education and industry differ only slightly among the two groups of unemployed, New York Fed researchers including Aysegul Sahin, assistant vice president of the bank’s research and statistics group, wrote in the first of a three-part blog series on long-term unemployment.

 

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