The average number of weeks in a job search has slightly dropped. 25 weeks is still six months, though. And, remember this is an average. 50% will find a job sooner, and 50% will find a job later.
Calculated Risks shows us some graphs on the projected unemployment rates compared with actual unemployment rates, and with the diffusion index, which roughly measures how widespread job losses or gains are. Things aren't great, but they're not as bad as they could be or have been.
Emotions and the economy. Interesting article. How much could smiling help the recession?
Job openings are at record lows, and the jobless rate by weeks unemployed. This needs to turn around, and fast! In most of the country it isn't getting worse, I suppose.