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New Survey: 40 Percent of Unemployed Have 'Given Up' Job Hunt

By    |   Wednesday, 20 May 2015 03:38 PM

A new survey by staffing firm Express Employment Professionals has discovered that 40 percent of the unemployed have “given up” looking for work.

Not only are the long-term jobless being left behind but nearly half hold themselves responsible for not finding a job, the firm’s "The State of the Unemployed" survey found.

The 40 percent may seem high, but it is a slight improvement from 2014, when 47 percent said they had given up the job hunt.

The survey of 1,553 jobless Americans age 18 and older was conducted online by Harris Poll on behalf of Express Employment Professionals between April 7 and 29, 2015.

"We often hear people theorizing about what motivates the unemployed or how joblessness is affecting the lives of our fellow Americans. Instead of guessing, we decided to ask them," said Bob Funk, CEO of Express Employment Professionals and a former chairman of the Federal Reserve Bank of Kansas City.

"This survey shows that some of the troubling trends we observed last year are continuing. While the economy is indeed getting better for some, for others who have been unemployed long-term, they are increasingly being left behind."

Meanwhile, more than two out of five unemployed Americans have been jobless for more than two years. That represents an increase from 2014, when 32 percent said they had been out of work for more than two years.

Forty-eight percent also report not having a single interview in the last month - among them, eighty-two percent have not had a single interview since the beginning of 2014 or earlier with 77 percent not having been on an interview since 2013.

Among the unemployed, 14 percent are receiving unemployment benefits.

Of those receiving benefits, 89 percent say they would "search harder and wider" for work if their benefits ran out before finding a job.

Those receiving benefits were asked whether they agree with a series of statements about unemployment compensation benefits.

Highlighting other facts found in the survey:

  • According to the survey, 57 percent of the unemployed are men; 43 percent are women.
  • The largest groups by age are those between 18-29 and 50 or older.
  • The vast majority lack a college degree.

Meanwhile, recent college graduates are entering a bleak job market.

A total of 49 percent of graduates from 2014 and 41 percent from 2013 report being underemployed (having no job or one that does not require a college degree), Accenture found.

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A new survey by staffing firm Express Employment Professionals has discovered that 40 percent of the unemployed have "given up" looking for work.
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Wednesday, 20 May 2015 03:38 PM
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