Looking Beyond the Jobless Rate

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Since people who lose jobs usually manage to find new ones (eventually), the unemployment rate at any given time understates the number of people who’ve recently been fired or laid off. Pew Research Center polling finds 16 percent of men and 11 percent of women saying they’ve endured that experience in the past year.

Though a job loss is most common among people with income under $30,000 (23 percent), it’s in double digits in the $30,000-49,999 bracket (14 percent) and among those making $50,000-99,999 (11 percent).

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