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US: Unemployment (Rutgers 8/09 & 3/10)

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Rutgers University Heldrich Center for Workforce Development
August 2009 & March 2010; 908 adults originally interviewed in August 2009 and who had been unemployed sometime in the 12 months prior to that interview
Mode: Internet Panel
(Rutgers release)


Rutgers report:

"Despite positive signs of economic growth and a rising stock market, millions of unemployed Americans see no end to the Great Recession that wrecked their finances and threw their lives into turmoil. No End in Sight underscores the fact that positive growth in the nation's economy has done little to reach millions of skilled workers still adrift in the most severe period of prolonged joblessness in decades. While the worst phase of the Great Recession may be behind us, the vast majority of jobless Americans have not found new jobs. When they did find work, all but a few took pay cuts and lost benefits. Among those still searching for work -- many for more than
a year -- are millions who have never been without a job and who have at least a college education.

"It is remarkable that fully two-thirds (67%) of those jobless last August were still jobless this March, and 12% had given up looking for jobs. Since August, the number of job seekers searching for more than seven months rose from 48% to 70%. Over half do not think they will find a new job in the near future even though 73% are willing to take a pay cut and 77% are willing to change careers in order to get a job."