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September 01, 2014
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The Long-term Unemployed Struggle in an Improving Economy

"More than 20% of workers laid off in the last five years haven't found new jobs, according to a Rutgers University survey released Monday." according to Melvin Backman of CNN

"The survey also found increasing pessimism among the unemployed. Thirty-six percent said the economy will never fully recover from the recession, up from 29% last January, when they were asked the same question. Likewise, 40% said that the availability of good jobs for those who want to work will never return to pre-recession levels, up from 34%.

One in three unemployed respondents said they've been looking for a job for more than seven months. The survey defines long-term unemployed as someone who has been looking for a job for more than six months."

 

See link to full article below.
Source:
Rutgers University Full Report Related article by CNN Money
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