That’s not quite fair. What their header said was something to the effect that “The Outlook Is Grim For Long-Term Unemployed.”
I am not a fan of CNBC, but other than ESPN there’s nothing else on the televisions at the gym that I attend.
So what are they saying? According to The Bureau of Labor Statistics, there are about 3.5 million people that have been unemployed longer than 27 weeks.
That’s a long time, then again, 3.5 million is a hell of a lot of people.
Let’s assume a few things for a moment: Let’s say of that 3.5 million–I expect the actual numbers to be significantly higher–a million or so are ill-prepared due to frustration with the entire process.
I just pulled that figure out of my butt, but let’s roll with it. And while we’re going along with things, let’s assume that those 2.5 million individuals are rearing to go by which I mean they’re keeping their skills sharp, and have a suit and some shiny black leather shoes aall ready to go.
If that’s the case, what CNBC should perhaps spend some time exploring why these people aren’t being hired, as opposed to how doomed they may be.