photo credit: Editor B
During the past couple of years as we have tried to fight our way through the recession, we have all been aware of the unemployment sky rocketing. What some of you may not know is just how many are actually unemployed long-term as well as the groups that it is most effecting.
Small Business LabsÂ posted an article recently regarding this very information. Surprisingly there is a huge increase in long-term unemployment. Long-term is classified as anything over 6 consecutive months. Given that fact, the long-term unemployment has jumped to an extreme high of around 6 million.
Men make up 60% of the long-term unemployed with women ages 45-64 coming in as a close second to the long-term unemployment numbers. While we have been seeing some signs of recovery on the horizon, employers are still very leery about making large numbered hires for permanent employment.