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... Read More »
Donna Read never planned to spend the rest of her life working at a grocery store. But the decent wages and great benefits kept her there for 12 years, until she was fired last summer. At age 58, Read fell into poverty, and into a depression that kept her in bed for three months.
But now Read is going back to... Read More »
By Alan Farnham
Long-term unemployment: "The invisible problem," Joe Carbone calls it, because so many of the 6 million workers affected are too ashamed or too despondent to talk about it:
Six million Americans -- many of them older -- have been out of work so long (two years or more) that they have exhausted... Read More »
There are plenty of mortgage relief programs out there, from the well-intended to the deceptive and illegal. But one bank is offering real and potentially transformative help to its unemployed mortgage customers, who are struggling to make their payments. Fifth Third Bancorp, based mainly in the Midwest, is... Read More »
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... Read More »
In the movie "Tokyo Sonata," a midlevel manager loses his job, but too ashamed to tell his family, hides the fact by waking up every morning, putting on a suit and going to job interviews instead. In the real life story of Martyn Goddard, a discount store worker loses his job, but too ashamed to tell his... Read More »
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. Read More »
Like many older, unemployed workers, Geoff Dutton would like to find a job. The former software-manual writer has been out of work for 18 months, and during that time businesses have increasingly shifted to Internet-based systems for storing data rather than having their own in-house servers.
"The companies... Read More »
In the couple of months since my blog about unemployment has been running on AOL Jobs, I've heard from many people, both across the U.S. and around the world, who are dealing with the unique and sometimes painful challenges of unemployment.
A lot of us feel very isolated in what we're experiencing, so there's... Read More »
The debate over job creation has dominated the political landscape of 2012. And with good cause, too, given the national unemployment rate of 8.1 percent. With so many out of work, it's maddening to many that from 2000-2010, 2.4 million people have been hired by U.S. multinationals in jobs outsourced abroad,... Read More »
I haven't seen too many articles about anger in connection with unemployment, especially long-term unemployment. So I thought I'd write one.
Now and then, I do feel angry. Angry that I was laid off, angry that I can't find my "dream" job no matter what I do, angry that my chances of finding a job diminish... Read More »
Are you out of work? Or are you overworked, in a career you hate and want out? With more than 84 percent of Americans surveyed saying that they want a new job, chances are that you are unhappy and want something better. What you may not realize is that three words are holding you back. Read More »
I always pay close attention to the monthly unemployment statistics. I'm not an analyst. Or an economist. But I've been unemployed for 2½ years, scraping by on freelance work. I like to dig a little deeper into the numbers to get a better feel for what's really going on -- and what that might mean for... Read More »
Ironically, it's easier to find a job when you already have a job. Unemployed job seekers are subject to a "damaged goods" bias; some employers assume a great candidate would already have a job. A new study, which will be presented at next month's Academy of Management's annual meeting, suggests there is... Read More »
I'm sorry to say that I've developed a skeptical attitude toward career coaches and interview counselors and, in general, toward the profusion of job search advice I find everywhere on the Internet.
A whole industry seems to have sprung up to serve the needs of unemployed people. While I'm sure this is good... Read More »
By Paul Wiseman
WASHINGTON -- The number of Americans seeking unemployment benefits surged last week, although the figures may have been distorted by seasonal factors.
The Labor Department says applications rose by 34,000 to a seasonally adjusted 386,000. The increase reversed a big drop the previous week. Read More »