> Today, 1 in 4 unemployed people, or 1.8 million Americans, have been job searching for over half a year, which in most cases means they’ve also exhausted their unemployment insurance benefits. Benefits vary by state but on average replace less than 40% of a person’s previous income.
The 6-12 months needed to find a job is a worrisome economic predictor and isn’t effectively communicated by unemployment rates alone.