The long-term unemployed are people who have been jobless for 27 weeks or more, as defined by the Bureau of Labor Statistics. There were 3.2 million long-term unemployed Americans as of July, or 33 percent of the total of 9.7 million unemployed. Over the past year, the number of long-term unemployed has declined by more than a million people, but stories of hardship still abound. Loss of housing, retirement savings, healthcare, and more are all fears or, worse, realities. To learn more about the realities and the outlook for these people, Forefront talked with the Cleveland Fed?s Bruce Fallick, an expert in labor markets and displaced workers.   

Forefront talks to the Cleveland Fed’s Jean Burson about the financial troubles in Puerto Rico, and what it could mean for the US financial system.

Forefront talks to the Cleveland Fed's Thomas Fitzpatrick IV, economist, about the implications of Detroit's bankruptcy filing.   

A conversation with the Cleveland Fed’s keeper of regional business anecdotes.   

A conversation with the Cleveland Fed's vice president of macroeconomics and monetary policy   

Economic historian Michael Bordo shares his views with Forefront.

What academic experts see in the housing market's near future Read More...

Plus: A Plausible Culprit: Research by Bordo and Haubrich Read more...


Forefront talks to the Cleveland Fed's James Thomson, vice president and financial economist.   

Leonard Chanin, the associate director of regulations at the Consumer Financial Protection Bureau, takes questions about the new agency's approach to community bank regulation.   

A trio of academics discuss some of the common misunderstandings about and underlying benefits of strong bank capital buffers.   

The former Federal Reserve official explains why he thinks an explicit inflation target may be in the Fed's near-term plans.   

Interview with Art Rolnick on early childhood education.   

Observations from the Federal Reserve's Jeanne Hogarth.