Lose a job, prepare for a really long job search

[xchrom]

http://lifeinc.today.msnbc.msn.com/_news/2012/01/20/10192757-lose-a-job-prepare-for-a-really-long-job-search

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Bureau of Labor Statistics
The median amount of time it's taking for unemployed people to find new jobs is about 21 weeks.


Here’s the good news: Employers are hiring more workers than they are firing these days, a welcome turnaround from the darkest days of the Great Recession.

Here’s the bad news: If you are among those unlucky enough to lose your job now, you'd better prepare for a long job search.

The median duration of unemployment was 21 weeks or about five months as of December. That means half of all unemployed workers had been without a job for more than five months.

That’s actually an improvement from mid-2010, when the median duration of unemployment peaked at 25 weeks. But it’s still nearly three times what it was before the recession began and much higher than in previous tough job markets.

The main problem: There just aren’t enough jobs to go around.

[xchrom]

1. i'll give this 1 kick. nt

[guardian]

2. K&R

n/t