Record 40% Of Unemployed Without Job For 27+ Weeks

[girl gone mad]

At risk of sounding like a broken analog mp3-like sound wave storage system: it's the jobs, stupid!

This from http://www.zerohedge.com/article/record-40-unemployed-without-job-27-weeks">Zero Hedge:

Record 40% Of Unemployed Without Job For 27+ Weeks

Any way you look at it, 40% of the unemployed, or 4% of the workforce, a record number of people, or 6.1 million, are now unemployed for over 27 weeks. In November this number was 5.9 million, and a year ago it was a meager 2.5 million. Green shoots.



The average duration of unemployment has surged to 29.1 weeks, from 28.6 weeks in November, and 19.5 a year ago.

[thunder rising]

1. At last, I have identity!! I'm a member of a group. I made it, I'm so happy.

[StarfarerBill]

5. Ditto.

A year and four months out of work for me.

[CurtEastPoint]

6. Me, too! 10 months today. n/t

[tonysam]

2. Almost two years for me. n/t

[madrchsod]

3. i`m off the grid because i retired at 62

8000 and change last year. can`t buy shit on 8000+. i wonder how many guys and gals are retiring at 62 instead of 65..

[xchrom]

4. Recommend

[dkf]

7. Seeing this pisses me off.

We are blowing this big time

[TwixVoy]

8. No we aren't

Things are getting better.

[aaronbav]

11. Yeah - for the God Damned Wall Street Bankers!

[OhioChick]

9. Rec'd. n/t

[tinkerbell41]

10. Count me in!!

17 mos and counting.

[Luciferous]

12. Almost a year for me

[wuvuj]

13. More job charts....

http://www.roubini.com/us-monitor/258248/more_employment_charts




NOTICE that the LINE has the same characteristics as in 2001? Just much deeper as the corps move jobs elsewhere....and pay fewer taxes?

[barb162]

14. I know a guy who sends out resumes every day

and he only got one offer for a part-time job. :(