Lose Your Job, Prepare For A Really Long Job Search - Spokane, North Idaho News & Weather KHQ.com

Lose Your Job, Prepare For A Really Long Job Search

MSNBC.COM - 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.

Last year the economy added an average of about 137,000 jobs a month. While that's better than when the economy was shedding jobs, it wasn't nearly enough to absorb the millions of unemployed and new workers entering the market, said Sylvia Allegretto, an economist with the Institute for Research on Labor and Employment at the University of California, Berkeley.

"That rate of job growth is simply not fast enough to really soak up all those who are unemployed and underemployed, and those who have left the labor market and will be coming back to the labor market," Allegretto said. click here to read more

  • Most Popular StoriesMost Popular StoriesMore>>

  • 13 semi-trucks park under Detroit overpass to help man considering suicide

    13 semi-trucks park under Detroit overpass to help man considering suicide

    Tuesday, April 24 2018 12:41 PM EDT2018-04-24 16:41:55 GMT

    DETROIT - 13 semi-truck drivers parked their big rigs under a highway overpass early Tuesday morning to help shorten the fall of a man who was threatening to jump.  All lanes of Highway 696 were closed early Tuesday morning after a call came in just before 1:00 a.m. of a man threatening to jump.  

    >>

    DETROIT - 13 semi-truck drivers parked their big rigs under a highway overpass early Tuesday morning to help shorten the fall of a man who was threatening to jump.  All lanes of Highway 696 were closed early Tuesday morning after a call came in just before 1:00 a.m. of a man threatening to jump.  

    >>
  • Spokane police investigating fatal crash near 3rd and Liberty Park

    Spokane police investigating fatal crash near 3rd and Liberty Park

    Wednesday, April 25 2018 1:56 AM EDT2018-04-25 05:56:04 GMT

    SPOKANE, Wash. - Spokane police say a pedestrian is dead after they were hit by a car near 3rd and Liberty Park Place east of downtown Spokane Tuesday night. Neighbors in the area called police after hearing a crash, coming out to investigate and finding a person in the street. Arriving officers and medical crews began lifesaving efforts, but were not successful and the pedestrian died.

    >>

    SPOKANE, Wash. - Spokane police say a pedestrian is dead after they were hit by a car near 3rd and Liberty Park Place east of downtown Spokane Tuesday night. Neighbors in the area called police after hearing a crash, coming out to investigate and finding a person in the street. Arriving officers and medical crews began lifesaving efforts, but were not successful and the pedestrian died.

    >>
  • Big new pedestrian bridge in Spokane finally has a name

    Big new pedestrian bridge in Spokane finally has a name

    Tuesday, April 24 2018 5:17 PM EDT2018-04-24 21:17:03 GMT

    SPOKANE, Wash. (AP) - A big new pedestrian bridge at the edge of the University District near downtown Spokane finally has a name.    The Spokane City Council voted unanimously Monday night to dub the $12 million span for pedestrians and cyclists "The University District Gateway Bridge." 

    >>

    SPOKANE, Wash. (AP) - A big new pedestrian bridge at the edge of the University District near downtown Spokane finally has a name.    The Spokane City Council voted unanimously Monday night to dub the $12 million span for pedestrians and cyclists "The University District Gateway Bridge." 

    >>
HD DOPPLER 6i
/