Home Must Reads Long-term unemployed still coping with down economy

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

Workplace benefits

March 2014
Tuesday, February 25, 2014

Health care and vacations rule. That’s the consensus from our reader poll on workplace benefits that help retain and recruit employees.


Read more...

Closing the gap: Community colleges and workforce training

News
Thursday, March 27, 2014
03.27.14 thumb collegeBY MARY SPILDE | OP-ED CONTRIBUTOR

Community college career, technical and workforce programs present an opportunity to bring business and education together as never before.


Read more...

Q & A with Chuck Eggert

News
Thursday, March 06, 2014
03.06.14 thumb pacfoodsBY HANNAH WALLACE | OB BLOGGER

The founder of Pacific Foods talks about why his company has flown under the radar in Oregon, how saving a family-run chicken hatchery has helped his bottom line and why he thinks organic food is anything but elitist.


Read more...

The more they change, the more they stay the same

March 2014
Tuesday, February 25, 2014
100-best-collageBY BRANDON SAWYER

The 100 Best Companies get more creative with perks and more generous with benefits; employees seek empowering relations with management and coworkers.


Read more...

The future of money

March 2014
Tuesday, February 25, 2014
BY JAKE THOMAS

An ancient institution moves slowly into the digital age. 


Read more...

The 2014 List: The Top 33 Small Companies to Work, For in Oregon

March 2014
Thursday, February 27, 2014

100best14logoWebOur 100 Best Companies project turned 21 this year, so pop open the Champagne. Our latest survey gives us plenty to cheer.

 


Read more...

Leader's bookshelf

Contributed Blogs
Friday, March 14, 2014
02.06.14 BooksBY TOM COX | OB BLOGGER

Five books that will make you a better leader.


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