Sponsored by Lane Powell

Long-term unemployed still coping with down economy

| Print |  Email
Must Reads
Monday, February 13, 2012

Although unemployment is at its lowest level in three years, about 12.8 million people are still out of work, and 40% of them have been jobless for more than six months.

 

Unemployment in January was at its lowest level in three years — 8.3 percent — and 1.8 million jobs were added last year, compared with about 1 million in 2010. But there’s still a long way to go: There are 5.6 million fewer jobs than there were when the recession began in late 2007.
The long-term unemployed don’t fit into any neat category. They’re young and old. They have high school diplomas and master’s degrees. Some become so discouraged, they stop looking for a time or become mid-life college students. Others find temporary jobs, then return to the jobless rolls for long stretches. In 2011, the average length of being out of work was 39 weeks — about nine months.

Read more at The Washington Post.

{biztweet}long-term unemployed{/biztweet}

 

 

More Articles

ZoomCare rolls out new on-demand health clinics

News
Monday, March 02, 2015
zoomcarethumbBY KIM MOORE |  OB RESEARCH EDITOR

Portland-based healthcare provider ZoomCare said it plans to “remake American healthcare” by expanding its on-demand urgent care model to emergency, surgery, dental and primary care, among others.


Read more...

Transportation Fairness Alliance holds demonstration in Pioneer Square

The Latest
Wednesday, January 14, 2015
IMG 3367BY JACOB PALMER | OB DIGITAL NEWS EDITOR

Portland's cab companies urged city hall for consideration as officials weigh new rules for Uber and other ridesharing companies.


Read more...

All Rise

March 2015
Friday, February 20, 2015
BY AMY MILSHTEIN | OB CONTRIBUTOR

Don’t just sit there. For a healthy workplace, move up and down — and all around.


Read more...

10 quotes explaining crisis at Port of Portland

The Latest
Friday, February 20, 2015
022015 port portland OBM-thumbBY JACOB PALMER | OB DIGITAL NEWS EDITOR

The ongoing labor disputes at the Port of Portland came to a head two weeks ago when Hanjin, the container port's largest client, notified its customers it would be ending its direct route to Oregon.


Read more...

4 winners and losers in the Kitzhaber scandal

The Latest
Thursday, February 12, 2015
021315-govorno-thumbBY JACOB PALMER | OB DIGITAL NEWS EDITOR

Examining the governor's rapid fall from grace in a "bizarre" and "unprecedented" saga.


Read more...

Will Medford Ever Be Cool?

February 2015
Friday, January 23, 2015
BY DAN COOK | PHOTOS BY JASON E. KAPLAN

A real-estate developer and a Lithia Motors executive aim to revamp the city's forlorn downtown.


Read more...

4 highlights of the MLS labor deal

The Latest
Wednesday, March 04, 2015
timbersthumbBY JACOB PALMER | OB DIGITAL NEWS EDITOR

On Wednesday night, a  few days ahead of the 2015 season, Major League Soccer and the Players Union reached an agreement.


Read more...
Oregon Business magazinetitle-sponsored-links-02
SPONSORED LINKS