If we look at the average duration of unemployment from 1950 to 2013, we see that
A)it was generally higher shortly after recessions than during the recessions
B)it reached an all-time high in 2011
C)in 2011 it was more than twice as high as at any previous time
D)all of the above
E)none of the above

Question

Quizplus · Accepted Answer

The average duration of unemployment tends to increase after recessions as the economy slowly recovers and people take longer to find jobs. The statement that it reached an all-time high in 2011 is accurate, reflecting the aftermath of the 2008 financial crisis. Additionally, in 2011, the average duration of unemployment was indeed more than twice as high as at any previous time, indicating a significant impact on the job market following the recession.

If We Look at the Average Duration of Unemployment from 1950