Moreover, a recent BLS study on long-term unemployment sites that 1 in 10 of unemployed workers are unemployed for more than 99 weeks. So, what can we do about it?
Well, we may be able to take a page from The Australian Department of Employment’splaybook. They’ve recently turned to data visualization to solve just this problem—helping more jobseekers fill roles around the country and ensuring more services are offered to those that need it most.
The department’s CIO, Stephen Moore, said in a recent interview:
"We've got about 750,000 jobseekers on the books receiving services and in any given year we place between 300,000-400,000 of those into a job. If I can have a 1 percent impact on that -- that's a big impact in people's lives."
And if they can prevent people from becoming chronically unemployed, that 1 percent impact will multiply. As Moore states, "There are so many opportunities -- I think it's exciting."
Data visualization could be the key factor that curbs chronic unemployment: it doesn't get much more exciting!