A crisis of long-term unemployment is looming in the United States

Posted on Mar 24th 2021



Even though the general unemployment rate is down from its peak the previous spring, the percent of the jobless who are long-term unemployment (LTU) continues to increase. It is at more than a 40% rate, a degree of LTU similar to the Great Recession, which was unseen in the U.S. in more than 60 years.

The causes of the Great Recession and the Covid-19 job crisis are different. But the stigma connected to LTU will probably be comparative, especially for knowledge workers and more seasoned workers. Americans need to accept that if you do the "right" things — buckle down, go to a good school, find a new line of work at a reputable organization — your job won't unexpectedly go off a cliff. However, it can, and it happens to millions. 

Since the United States is confronting another developing unemployment crisis, understanding the sociological impacts of LTU is fundamental for shaping a response — both for associations and for people who lose their jobs.

Now we will talk about the biases a job seeker faces.

Age Bias Hiring:

For numerous life-long experts who get themselves jobless out of nowhere, the quest for a new job ordinarily starts with optimism befitting somebody who has had a long and fruitful career. However, this positive thinking can rapidly go to bewilderment. An old fellow had a long and productive career before losing his employment. Working in additional training, he climbed his way up from direction advocate to the class chief before being laid off. Following a time of ineffective occupation, Steven detailed that his applications appear to vanish into a "black hole." In the end, he did not have those sophisticated skills which today's graduates have.

Success Bias Hiring:

Facing these hindrances and mounting financial pressures factors and worries about their steadily protracting employment gap, many job searchers widen their searches to incorporate lower-level positions. This bodes well, yet another snag shows up: their own earlier success. Companies now refuse to consider them for lower-level jobs, having progressed to relatively higher levels in their field.

Underqualification Bias:

To dodge the overqualification trap, some job seekers consider changing to another field where their earlier work experience won't be held against them. For instance, a job seeker from N.Y. had been in marketing for a very long time. Senior-level marketing positions are uncommon, and while going after lower-level marketing positions, Cindy was told she was overqualified. Thus, she chose to "break into something completely different — event planning." And it helped her secure the position.