Long Term Unemployment

By Sarah Li Cain Google any news article and you'll find horror stories of people being unemployed for six months or more. You'll mostly likely read that they suffer from depression, have anxiety issues or are even suicidal. Kind of bleak, isn't it? While long-term unemployment isn't something to be taken ...

The average unemployed American now spends 35 weeks job-hunting, an amount almost double what it's been at any point before the Great Recession. And one thing that everyone agrees on: Even though more and more companies are hiring, people who have been unemployed for six months or more aren't getting those ...

By Tami Luhby NEW YORK -- The average time Americans spent unemployed dropped a record 2.8 weeks in January ... but hold the applause. The reason is likely because many people ran out of unemployment benefits so they stopped looking for work, experts said. ...

By Richard Eisenberg Although things seem to be looking up on the jobs front (claims for state unemployment benefits just fell to their lowest level since January 2008), the same can't be said for America's long-term unemployed, especially those over 50. ...

You've heard the statistics: Managers prefer to hire people who already have jobs. The long-term unemployed face steep odds. Some 5.4 million people have been out of work for more than six months, and after about a year of being out of work, their chances of getting a job drop to 1 in 10 per month. ...