Which is interesting and important. But rather than look at the macroeconomic issues raised, I'd like to ask: why this is employer policy? It isn't random: hiring managers, HR managers, or both are choosing not to hire people who have been out of work for a long time. Why?
2 reasons: First, because historically (meaning in the "job life" of most hiring managers, etc, being unemployed long-term was a huge red flag. Second, being unemployed long-term usually means you are older, and more expensive, and more wise in the ways of corporate bullshit, and therefore less desirable.
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