One-Fifth of U.S. Workers Were Laid Off in Past Five Years
September 30th, 2014Remember the green shoots?
Via: Los Angeles Times:
One in five U.S. workers was laid off in the past five years and about 22% of those who lost their jobs still haven’t found another one, according to a new survey that showed the extent Americans have struggled in the sluggish labor market since the Great Recession ended.
Those who did find work had a difficult time with their job search and the effects of unemployment, the survey by the John J. Heldrich Center for Workforce Development at Rutgers University found.
Nearly 40% said it took more than seven months to find employment and about one in five of laid-off workers said all they could find was a temporary position.
Almost half — 46% — of the estimated 30 million layoff victims who found new jobs said they paid less then their old ones, according to the survey of 1,153 U.S adults done over the summer.
