Press Releases

Unedited news and product information from vendors.

Average U.S. Worker Needs 211 Days to Find a Job
Dec 24, 2010 (11:12 AM EST)

ST. LOUIS, Dec. 24, 2010 /PRNewswire/ -- Personal Finance Blog, published an article looking at the average amount of time it takes to find a job in the U.S. and the figure can be intimidating: 211 days!

An excerpt from the article...

"Job seekers are now out of work for an average of 30.2 weeks, or 7-1/2 months, up from a record high of 29.1 weeks the previous month. In fact, the average duration of unemployment has notched new records for the last 10 months in a row."

While this number can be intimidating and daunting, it should be a warning sign for us. This is exactly why creating an emergency fund of 3-6 months of expenses is a good idea. None of us can predict the future and none of us are immune from hard and difficult times.

Read the full article: