15 Stunning Statistics About the Jobs Market
Excerpt:
#6, 40 months. The average duration of unemployment is more than three years.
Urging the 14 million Americans without jobs not to get their hopes up, officials from the Department of Labor cautiously announced Tuesday that they had heard about a possible employment opportunity at the Lindale Mall in Cedar Rapids, IA. "Now, this could be something, or it could be absolutely nothing, but we think they're looking for someone to restock the jewelry kiosk Monday, Wednesday, and Friday evenings, with the chance to add Sunday mornings further down the line," said Labor Secretary Hilda Solis ...
The mean wage last year was $21.35 per hour or $44,410 a year. Of the 10 largest fields, registered nurses were the only employees to earn more than the national average. Nurses earned $32.56 an hour. In contrast, waiters and waitresses earned $9.99.
Jobs that accounted for the smallest share of employment tended to pay better. Legal occupations and life, physical and social science professions, which each represented 1% of employment, were the sectors with the smallest share of employment. Positions in those fields generally paid above-average. Judges, for instance, earned $50.67 an hour.
