Still looking: update on four long-term job seekers
While the modest pick-up in hiring is an encouraging sign for unemployed Americans, many are finding that jobs are still hard to come by. Economist Sophia Koropeckyj says that this recession resulted in more permanent job losses due to overinvestment in technology in the '90s, the shifting of jobs overseas, and productivity growth. As a result job growth will be slow and many job seekers will be forced to change their career course.
See "Still looking: update on four long-term job seekers", Stacy A. Teicher, The Christian Science Monitor, January 4, 2004