Thursday, February 11, 2016
What America Thinks: Who Has Quit Looking For Work?
It’s no secret that the American economy has been a rollercoaster in recent years. But while unemployment is on the decline, some Americans have still had such a hard time finding work that they’ve given up altogether. Thirty-eight percent (38%) say they know someone who has given up their job search out of frustration with the job market. The good news is that's the lowest number in more than three years.
Middle-aged adults are the most likely of all age groups to know someone who has given up looking for work. Married adults and adults with children at home are more likely to know someone like that than unmarried adults or those without children. Perhaps most strikingly, Americans earning less than $30,000 per year are much more likely to know someone who’s given up the job hunt than those who earn more.