Who ends up being long-term unemployed?

The long-term unemployed tend to be people who 1) are a little bit older, and 2) got laid off from their last job.

The economic recovery officially began a little over four years ago. But there are still over four million people who are long-term unemployed. That’s four million people who can’t find work even after looking for six months or more — four million people who can’t even get companies to look at their resumes anymore.

 

 

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Exactly how many college graduates live back at home?

College graduates who are unemployed and have had to move back in with their parents have become a stock figure of the past few years and is helping to cement the Millennials’ reputation as the “Boomerang Generation.” How many of these graduates are returning to live with mom and dad ((or their aunt or uncle)?

 

 

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86 million Americans are ‘invisibly unemployed’ because they have stopped looking for work altogether

Americans not in th labor force

86 million Americans were not counted in the labor force because they didn’t keep up a regular job search.

In the United States there are many more jobless people than you might think there are.

The unemployment rate is falling, but that doesn’t include the millions of nonworking adults who aren’t even looking for a job anymore. And hiring isn’t strong enough to keep up with population growth.

Continue reading… “86 million Americans are ‘invisibly unemployed’ because they have stopped looking for work altogether”

Toughest competition unemployed face is the underemployed

part time work

There are 8.8 million part time workers wanting full time jobs.

The unemployment rate in the U.S. is 9.1 percent but the job market is actually worse than that.  The 14 million unemployed in the U.S. aren’t just competing with each other they are also competing with the 8.8 million people that are part-timers who want full-time work.

 

Continue reading… “Toughest competition unemployed face is the underemployed”

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