Lousy Odds For Long-Term Unemployed To Find Work: 1 In 10

We all know by now that it’s hard for the long-term unemployed to get back into the workforce.

But just how hard is it? Economists at the San Francisco Federal Reserve put a number on the odds.

In the first few weeks after losing their jobs, about 3 in 10 people are able to find work.

But after about a year of being out of work, the chances of landing a job fall to just 1 in 10 per month.

Read more at: money.cnn.com