Monday , 17 June 2024

Fact #5: 44% of Jobless Are Unemployed Longer Than 6 Months!

 This is the 5th in a series of 100 useful facts about big issues facing American voters which are being presented by every day until the election to help Americans debunk myths, hold better conversations, get involved, and make choices as smarter citizens. Today’s facts are related to Jobs and the Economy.

This series is brought to you courtesy of Lorimer Wilson, editor of (A site for sore eyes and inquisitive minds) and (Your Key to Making Money!). This paragraph must be included in any article re-posting to avoid copyright infringement.

Fact#5* Released: Aug. 3, 2012 Jobs & Economy 

The unemployment situation:

  • In 2011, the percentage of unemployed who were jobless for six months or more was 43.8 percent.
  • More people were counted as long-term unemployed in 2011 than at any time since the government started keeping records in 1948: 6 million in any given month, which is the population of Houston and Los Angeles combined.
  • Of people out of work for more than a year since the recession, only one in 10 will find work each month.

Today’s video (see here) is an offbeat look at the issue. Share it with someone who knows how it feels.

What do others say?

Here are stories and opinion relating to this fact. We didn’t base the fact on them. Some argue a point of view. That’s them talking, not us.

* (Face the Facts USA is a nonpartisan information resource from the Center for Innovative Media at The George Washington University.)

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Previous Facts:

1. Fact #1: Revenue Does Not Cover Core US Programs

2. Fact #2: The U.S. Has the Highest Corporate Tax Rate in the World

3. Fact #3: Overspending on Education in U.S. Doesn’t Buy Genius

4. Fact #4 from Twice the Time Now Spent in Traffic Congestion vs. 2010