RSS icon

Top Stories

Data Bank Focus: Hires vs. Unemployed Workers

May 3, 2012
Related Topics: Top Stories - Frontpage, Labor Trends, HR & Business Administration

While the national unemployment level has slowly fallen from its peak of 10 percent in 2009, the number of unemployed people far outdistances the number of hires. Just how dire the situation is today can be seen by comparing the size of the gaps for the two most recent recessions. Following the recession in 2000, for every 10 hires, 14 people remained unemployed. Today, following the 2008-09 recession, for every 10 hires, 35 people remain unemployed.

Workforce Management, May 2012, p. 19

Subscribe Now!

Recent Articles by Betsy Shepherd

Comments powered by Disqus

Hr Jobs

View All Job Listings