From Kiplinger · · 1m 20s
Job Market Shifts for Americans
Americans face longer unemployment as job search strategies evolve.
In brief
Americans face longer unemployment as job search strategies evolve. A growing number of Americans have been unemployed for 27+ weeks, with job seekers needing tailored applications and networking to improve hiring chances. Originally reported by Kiplinger.
Unemployment rate at 4%
The U.S. unemployment rate hovered at about 4% according to the Bureau of Labor Statistics.
1.8 million unemployed for 27+ weeks
In July, about 1.8 million people had been unemployed for at least 27 weeks.
Unemployment up 45% from 2019
That figure is up by about 45% from 2019 and 55% from 2.
Job search strategies
Job seekers can improve their chances by tailoring applications, building networks, and preparing for interviews.
Polish your application
Use job platforms like Indeed, LinkedIn, and ZipRecruiter to find roles matching your skills and submit applications.
Tailor your resume
Include specific accomplishments in measurable terms, such as improving sales by 20% through a targeted campaign.
Cover letters and networking
Write a cover letter with a personalized message about your experience to catch an employer's eye.
Leverage your network
Up to 80% of job openings are filled through referrals or existing employees, not public listings.
Ace the interview
Research the company, practice responses using the CARE technique, and send thank-you emails after interviews.
The short version
A growing number of Americans have been unemployed for 27+ weeks, with job seekers needing tailored applications and networking to improve hiring chances.
