Thursday, December 2, 2010

Unemployed, and Likely to Stay That Way

This article discusses the impact the long-term unemployment spell is having (and will have) on workers in the US. It also focuses on various reasons the currently unemployed are unable to find jobs. The reasons include the possibility that these workers were not doing well in their work before they became unemployed, workers being laid off as industries moved into a permanent decline and workers previously involved in dynamic industries, like software engineering, may have missed out on opportunities of new development of skills during the period of their unemployment.
I feel after the market picks up, it will become even more competitive as many employers who were laid off have gone back to school and will return with a stronger qualification than others re-entering the market who did not have that same opportunity after becoming unemployed. Unfortunately, this could push back a large population even further from finding a job.

3 comments:

  1. I agree with Moomal. The unemployed might remain jobless unless they focus on redeveloping their skills. I think the government should put a hand in this by maybe offering retraining programs so that there is a smooth transition.

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  2. Following the crowd, I agree as well. While enrolled in summer classes over the last three years, I've seen and spoken with a larger number of people who where jobless. Many of them pursuing a new career, while others seek to hone their skills and gain a higher degree in their original fields of work.
    Unfortunatly from what it seems in California, the state is cutting cash from schools. This is also making it very difficult for people to go back to school, especially if they are on a low budget.

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  3. I agree as well but I think there is another factor to consider. As the economy picks back up unemployment benefits will decrease because jobs will be available. As a result, more people will be inclined to go to work, unfortunately it may not be the job they are trained for or that they want.

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