Wednesday, May 21, 2014

Poll: 47% of Unemployed Have 'Completely Given Up' Looking for a Job

Poll: 47% of Unemployed Have 'Completely Given Up' Looking for a Job

A new poll suggests that finding employment, particularly for the long-term unemployed, continues to be a struggle for Americans. The poll, conducted by Harris Poll on behalf of Express Employment Professionals, asked questions of 1,500 unemployed adult Americans last month.

“This survey shows that millions of Americans are at risk of falling into the trap of prolonged unemployment, and it should give policymakers a greater sense of urgency to focus on the singular goal of creating jobs," said Bob Funk, CEO of Express and a former Chairman of the Federal Reserve Bank of Kansas City, in a release. "We can take heart that in these difficult times the American spirit of confident hopefulness endures, but we can’t accept this status quo—not for our country, not for our unemployed neighbors.”

Some of the key findings:

47 percent agree with the statement, “I’ve completely given up on looking for a job.” (7 percent said they “agree completely,” 7 percent “agree a lot,” 15 percent “agree somewhat,” and 18 percent “agree a little.”)      

60 percent say looking for work has been harder than expected. 10 percent say it’s been easier than expected.      

Nevertheless, 91 percent agree with the statement, “I’m hopeful that I will find a job I really want in the next six months.”

Additionally, 46 percent of the unemployed respondents reported not having had any job interviews in the prior month and 23 percent report their last interview was in 2012. The poll also shows that a significant percentage of the unemployed are not currently receiving jobless benefits. Only 20 percent said they were currently receiving unemployment compensation. But among those receiving government assistance, the poll suggests the aid may be diminishing their incentive to find employment:    

However, in a response that raises issues about whether unemployment compensation should be extended or allowed to run out, 82 percent of those receiving benefits said if their unemployment compensation were to run out prior to their finding a job, they would “search harder and wider for a job.” Only 18 percent say they would “be in such despair that I will give up looking for work altogether.” 
 
48 percent agree that they “haven’t had to look for work as hard” thanks to unemployment compensation.

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