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Are You Prepared For Unemployment?
 Recent Statistics Are A Wake Up Call
Maintaining your career resilience takes strategy click here for more According to data recently released by the St. Louis Federal Reserve, the average duration of unemployment is now at about 40 weeks, double the previous highest level of about 20 weeks that prevailed during the last three recessions.
 | Average Unemployment In Weeks 1940-2013
U.S. DOL - Bureau of Labor Statistics |
A separate paper released by the Boston Federal Reserve paints a pernicious picture of the problem:
Employers seem to be throwing out the resumes of the long-term unemployed and only hiring those who have been without a job for less than six months.
From White House Dossier Blog, Keith Koffler
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