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Lecture explores long-term unemployment

The topic of next Engineering, Business, and Computing (EBC) Division Research Interest Group presentation will be long-term unemployment and it will be held on Friday October 21, 2011, at 1 p.m. the Perkins Student Center Auditorium. This event is free and open to the public, and light refreshments will be served.
In her presentation titled "U.S. Long Term Unemployment, Really?," Karen Kosanovich, a senior economist with the Bureau of Labor Statistics (BLS), the U.S. Department of Labor, Washington, D.C., will give an overview of the current labor market and unemployment indicators, including a comparison of the recent period to prior recessions and a discussion of long-term unemployment. The presentation will also include information about how the data are collected and the specific concepts measured. The different sources of data, accessing BLS data, the Current Population Survey (CPS) data, and BLS measures, like some industry analysis from the nonfarm payroll survey and the number of job openings, will also be discussed.

Kosanovich began her career providing research support to a staff of Ph.D. economists. For the last 12 years she has worked on the Current Population Survey (CPS), the national monthly survey of households that provides information on employment and unemployment in the U.S. She spends her time distributing information to the public, preparing the Employment Situation and other news releases, and writing analytical articles. Since joining the CPS staff, she's helped develop special supplements on computer use and work at home, provided training and advice to foreign statistical agencies, and fact checked thousands of tables.
The EBC Research Interest Group features Penn State Berks faculty and visiting experts who conduct research on a wide variety of topics. Topics are of broad and general interest and are accessible to the non-expert.

For more information, please contact Dr. Jui-Chi Huang, Chair, EBC Research Interest Group; Assistant Professor of Economics, at JXH74@psu.edu.
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