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Data Bank Focus: The Rising Perils of Unemployment
By Betsy Shepherd
May. 3, 2012
During the past decade, the time it takes to find a job has slowly increased for the unemployed. In 2000, more than half of all unemployed people were able to find a job in fewer than five weeks; last year only about a third found new employment as fast. While more than half of all people find a job in 14 weeks or less, more than 12 percent struggle with their search for more than a year, up from just 2 percent in 2000.
Workforce Management, May 2012, p. 19
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