If you are unlucky enough to be among the 14.8 million unemployed Americans, here’s a slight bit of cold comfort: Your job search may be a bit shorter than in months past.
The average number of weeks a person is unemployed has been trending down slightly, to 33.3 weeks in September, since hitting a high of 35.2 weeks in June, according to Bureau of Labor Statistics data released Friday.
Of course, this isn’t exactly great news. Prior to this economic downturn the average had never risen above even 30 weeks - and the BLS has been keeping records since 1948.
In addition, many people are finding that it takes even longer than 33 weeks to find a job.
Some people, dubbed '99ers,' are even exhausting their maximum 99 weeks of unemployment without finding work.