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Unemployment and Layoffs
The Great Recession: The financial crisis that keeps on giving
The Great Recession: The financial crisis that keeps on giving

The Great Recession has lasted a lot longer for some than for others. A new survey from Rutgers University’s John J. Heldrich Center for Workforce Development found that “one in five workers - or nearly 30 million people - say they were laid off from a job in the past five years," dating back to the end of the recession in June 2009. "Nearly 4 in 10 of these laid-off workers say they searched for a job for more than seven months before finding another one; one in five workers laid off during the past five years never found another job.” And the jobs found by the lucky often were worse jobs than they had lost. Some 44% said the new job was inferior to the...

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