How do you see the current job market? Changing for the better as some economists say it is or still stuck in neutral?
I’m asking because there are two important stories today focusing on long-term unemployment.
Jobless Americans who haven’t found work in at least 27 weeks represent one of the more pernicious legacies of the Great Recession, AJC reporter Dan Chapman writes.
In Georgia, 51.3 percent of jobless have unsuccessfully sought work for at least six months, Chapman reports. Only South Carolina (51.8 percent) and New Jersey (51.4 percent) post a higher percentage of long-term unemployed. And only New Jersey surpasses Georgia for the percentage of jobless unable to find work after a year’s search, Chapman writes.
Meanwhile, more than 22,000 Georgians who were in danger of losing extended unemployment benefits beginning in June will continue to receive them thanks to last-minute action by the legislature, AJC reporter Christopher Quinn writes.
The extended benefits, which average about $244 a week in the state, kick in for 20 weeks after a recipient has used up 79 weeks of unemployment.
Are you one of those in need of extended benefits? Have you noticed any uptick recently as you continue to apply for jobs? Or is it still a frustrating long shot?
Some people believe extended benefits cause the unemployed to go longer without jobs because they would rather receive federal checks than take jobs below wages they want.
Do you think this is true? If so, is it a widespread attitude or rare?
- Henry Unger, The Biz Beat
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