Welcome!

News Feed Item

CareerBuilder Study Explores the Ongoing Plight of the Long-term Unemployed

- One in four have not had enough money for food; one in ten have lost their homes

CHICAGO, Jan. 23, 2014 /PRNewswire/ -- While the job market is showing signs of improvement, one segment of the workforce is feeling the sting of a slower-than-expected recovery more so than others: the long-term unemployed.  Thirty percent of workers who were previously employed full time and who have been out of work for 12 months or longer said they haven't had a single job interview since they became unemployed.  A number of these workers reported losing their homes, struggling to feed their families and having to turn to their parents to supplement income. 

The national study from CareerBuilder takes a closer look at the challenges the long-term unemployed are up against and how they are overcoming them.  The survey was conducted online by Harris Interactive© from November 6 to December 2, 2013, and included a sample of more than 300 workers who were previously employed full-time, have been unemployed for 12 months or longer and are currently looking for a job.

"There are many talented people in the U.S. who are having a tough time finding a job – not because of a lack of ability, but because of ongoing challenges in the economy," said Rosemary Haefner, Vice President of Human Resources at CareerBuilder.  "While our study explores the struggles they are facing, it also brings to light the resilience of these workers who remain optimistic, look for jobs every day and take measures to learn new skill sets to open the doors to new opportunities."

Effects of Long-term Unemployment
The loss of a regular income has affected the long-term unemployed in various ways from accelerated credit debt to downsizing to tense relationships:   

  • Not having enough money for food – 25 percent
  • Strained relationships with family and friends – 25 percent
  • Maxed out credit cards to pay other bills – 12 percent
  • Losing their house or apartment due to the inability to pay the mortgage or rent – 10 percent
  • Moving back in with their parents – 9 percent (Among long-term unemployed ages 35 to 54, 13 percent moved back in with their parents)
  • Moving to a less expensive location – 4 percent

Current Source of Income
Many long-term unemployed said they are relying on their significant other, personal savings or family members to help out with expenses:

  • Spouse or partner – 39 percent
  • Savings – 31 percent
  • Side jobs – 12 percent
  • Parents – 11 percent
  • Borrowing from family and friends – 9 percent

Biggest Challenges in Finding Employment
Forty-four percent of the long-term unemployed said they look for jobs every day; 43 percent look every week.  While three in ten long-term unemployed said they haven't had any interviews since they lost their jobs (30 percent), the same number (30 percent) said they have had five or more interviews; 14 percent have had ten or more.  One in ten have turned down a job while unemployed.

Being out of the workforce for an extended period has left nearly half (45 percent) of long-term unemployed concerned that their skills have depreciated.  Of these respondents, more than half (56 percent) said their technology skills depreciated.   

When asked to identify some of the major challenges they encounter when looking for a job, the long-term unemployed pointed to:

  • My age or experience is a disadvantage – 66 percent (Among long-term unemployed ages 55 and older, 92 percent feel their age works against them)
  • The longer I am unemployed, employers are becoming less responsive – 63 percent
  • The number of jobs in my profession has dropped significantly during and post-recession – 37 percent
  • I am unable to relocate or commute far – 30 percent
  • I am having difficulty transitioning skills to a new field or industry – 16 percent

Building New Skill Sets
Despite these challenges, the long-term unemployed remain hopeful and provided the following examples of how they are keeping active and learning new skills: 

  • Expanded my professional network online and offline – 20 percent
  • Volunteered – 20 percent
  • Signed up with a staffing firm/recruiter – 18 percent
  • Took on part-time work – 14 percent
  • Took a class – 12 percent
  • Went back to school full-time – 5 percent

Survey Methodology
This survey was conducted online within the U.S. by Harris Interactive© on behalf of CareerBuilder among 310 long-term unemployed (previously full-time employed workers who have been unemployed for 12 months or longer but are currently looking for work) ages 18 and over between November 6 and December 2, 2013 (percentages for some questions are based on a subset, based on their responses to certain questions). With a pure probability sample of 310, one could say with a 95 percent probability that the overall results have a sampling error of +/- 5.57 percentage points.  Sampling error for data from sub-samples is higher and varies.

About CareerBuilder®
CareerBuilder is the global leader in human capital solutions, helping companies target and attract great talent. Its online career site, CareerBuilder.com®, is the largest in the United States with more than 24 million unique visitors and 1 million jobs. CareerBuilder works with the world's top employers, providing everything from labor market intelligence to talent management software and other recruitment solutions.  Owned by Gannett Co., Inc. (NYSE:GCI), Tribune Company and The McClatchy Company (NYSE:MNI), CareerBuilder and its subsidiaries operate in the United States, Europe, South America, Canada and Asia. For more information, visit www.careerbuilder.com.

Media Contact
Jennifer Grasz  
773-527-1164
[email protected]
http://www.twitter.com/CareerBuilderPR

SOURCE CareerBuilder

More Stories By PR Newswire

Copyright © 2007 PR Newswire. All rights reserved. Republication or redistribution of PRNewswire content is expressly prohibited without the prior written consent of PRNewswire. PRNewswire shall not be liable for any errors or delays in the content, or for any actions taken in reliance thereon.

Latest Stories
DevOps is often described as a combination of technology and culture. Without both, DevOps isn't complete. However, applying the culture to outdated technology is a recipe for disaster; as response times grow and connections between teams are delayed by technology, the culture will die. A Nutanix Enterprise Cloud has many benefits that provide the needed base for a true DevOps paradigm. In his Day 3 Keynote at 20th Cloud Expo, Chris Brown, a Solutions Marketing Manager at Nutanix, will explore t...
Building a cross-cloud operational model can be a daunting task. Per-cloud silos are not the answer, but neither is a fully generic abstraction plane that strips out capabilities unique to a particular provider. In his session at 20th Cloud Expo, Chris Wolf, VP & Chief Technology Officer, Global Field & Industry at VMware, will discuss how successful organizations approach cloud operations and management, with insights into where operations should be centralized and when it’s best to decentraliz...
Multiple data types are pouring into IoT deployments. Data is coming in small packages as well as enormous files and data streams of many sizes. Widespread use of mobile devices adds to the total. In this power panel at @ThingsExpo, moderated by Conference Chair Roger Strukhoff, panelists will look at the tools and environments that are being put to use in IoT deployments, as well as the team skills a modern enterprise IT shop needs to keep things running, get a handle on all this data, and deli...
In his keynote at @ThingsExpo, Chris Matthieu, Director of IoT Engineering at Citrix and co-founder and CTO of Octoblu, focused on building an IoT platform and company. He provided a behind-the-scenes look at Octoblu’s platform, business, and pivots along the way (including the Citrix acquisition of Octoblu).
The Internet of Things is clearly many things: data collection and analytics, wearables, Smart Grids and Smart Cities, the Industrial Internet, and more. Cool platforms like Arduino, Raspberry Pi, Intel's Galileo and Edison, and a diverse world of sensors are making the IoT a great toy box for developers in all these areas. In this Power Panel at @ThingsExpo, moderated by Conference Chair Roger Strukhoff, panelists discussed what things are the most important, which will have the most profound e...
Automation is enabling enterprises to design, deploy, and manage more complex, hybrid cloud environments. Yet the people who manage these environments must be trained in and understanding these environments better than ever before. A new era of analytics and cognitive computing is adding intelligence, but also more complexity, to these cloud environments. How smart is your cloud? How smart should it be? In this power panel at 20th Cloud Expo, moderated by Conference Chair Roger Strukhoff, pane...
Grape Up is a software company, specialized in cloud native application development and professional services related to Cloud Foundry PaaS. With five expert teams that operate in various sectors of the market across the USA and Europe, we work with a variety of customers from emerging startups to Fortune 1000 companies.
SYS-CON Events announced today that Grape Up will exhibit at SYS-CON's 21st International Cloud Expo®, which will take place on Oct. 31 – Nov 2, 2017, at the Santa Clara Convention Center in Santa Clara, CA. Grape Up is a software company specializing in cloud native application development and professional services related to Cloud Foundry PaaS. With five expert teams that operate in various sectors of the market across the U.S. and Europe, Grape Up works with a variety of customers from emergi...
Financial Technology has become a topic of intense interest throughout the cloud developer and enterprise IT communities. Accordingly, attendees at the upcoming 20th Cloud Expo at the Javits Center in New York, June 6-8, 2017, will find fresh new content in a new track called FinTech.
@ThingsExpo has been named the Most Influential ‘Smart Cities - IIoT' Account and @BigDataExpo has been named fourteenth by Right Relevance (RR), which provides curated information and intelligence on approximately 50,000 topics. In addition, Right Relevance provides an Insights offering that combines the above Topics and Influencers information with real time conversations to provide actionable intelligence with visualizations to enable decision making. The Insights service is applicable to eve...
SYS-CON Events announced today that Interoute, owner-operator of one of Europe's largest networks and a global cloud services platform, has been named “Bronze Sponsor” of SYS-CON's 20th Cloud Expo, which will take place on June 6-8, 2017 at the Javits Center in New York, New York. Interoute is the owner-operator of one of Europe's largest networks and a global cloud services platform which encompasses 12 data centers, 14 virtual data centers and 31 colocation centers, with connections to 195 add...
DevOps is often described as a combination of technology and culture. Without both, DevOps isn't complete. However, applying the culture to outdated technology is a recipe for disaster; as response times grow and connections between teams are delayed by technology, the culture will die. A Nutanix Enterprise Cloud has many benefits that provide the needed base for a true DevOps paradigm.
20th Cloud Expo, taking place June 6-8, 2017, at the Javits Center in New York City, NY, will feature technical sessions from a rock star conference faculty and the leading industry players in the world. Cloud computing is now being embraced by a majority of enterprises of all sizes. Yesterday's debate about public vs. private has transformed into the reality of hybrid cloud: a recent survey shows that 74% of enterprises have a hybrid cloud strategy.
With major technology companies and startups seriously embracing IoT strategies, now is the perfect time to attend @ThingsExpo 2016 in New York. Learn what is going on, contribute to the discussions, and ensure that your enterprise is as "IoT-Ready" as it can be! Internet of @ThingsExpo, taking place June 6-8, 2017, at the Javits Center in New York City, New York, is co-located with 20th Cloud Expo and will feature technical sessions from a rock star conference faculty and the leading industry p...
Today we can collect lots and lots of performance data. We build beautiful dashboards and even have fancy query languages to access and transform the data. Still performance data is a secret language only a couple of people understand. The more business becomes digital the more stakeholders are interested in this data including how it relates to business. Some of these people have never used a monitoring tool before. They have a question on their mind like “How is my application doing” but no id...