Nearly 40% of the unem­ployed have been out of work for 27 weeks or more, and it seems that more and more people are giving up on ever being employed again. Given the cur­rent eco­nomic cli­mate, they might not be wrong: a recent study by econ­o­mists from the Boston Fed­eral Reserve and North­eastern Uni­ver­sity sug­gests that employers are unlikely to even con­siderappli­cants who have been out of work for over six months.

 

Read the article at MSNBC →