INTERVIEW SAVVY AND SHAKER VIRTUAL EVENTS HAVE TEAMED UP TO CREATE THE U.S. LONG-TERM UNEMPLOYED (LTU) HIRING PROJECT.

Interview Savvy and Shaker Virtual Events recognize the plight of the long-term unemployed and are working together to change the perception of this overlooked talent pool. 

Shaker Virtual Events is producing and hosting virtual career expos where forward-thinking employers -- who see value in this untapped talent pool -- can share information and communicate live with motivated long-term unemployed candidates. These events are exclusively for LTU candidates, defined as those actively seeking work for 27 weeks or more.

Interview Savvy is providing job seekers that register for the event FREE access to their Interview Savvy: Long-Term Unemployed Toolbox. The program, created to assist the long-term unemployed to be more effective in their job search and interviews, includes online interview and job search advice, worksheets and checklists. In addition, Interview Savvy Career Counselors will be available to interact virtually with candidates at the expos -- offering relevant, on-the-spot feedback and advice to job seekers on the day of the events.

 

  

FOR MORE INFORMATION:

WWW.LONG-TERMUNEMPLOYED.COM

 

 

Overview on long-term unemployed:

  • 2.8 million are classified as long-term unemployed 
(those jobless for 27 weeks or more) - Bureau of Labor Statistics Press Release - December, 2014

  • 47% of such workers say they have "completely given up looking for work” 
- A Harris Poll of 1,500 unemployed adult Americans – April 2014

  • Only 11% of the long-term unemployed find work again a year later 
- “Are the Long-Term Unemployed on the Margins of the Labor Market?” By: Alan Krueger, Judd Cramer and David Cho – April 2014

Demographics of the long-term unemployed (from Who Are the Long-Term Unemployed, Urban Institute, July 2013):

  • Male:  55%; Female: 45%

  • White: 50.8%; African American: 22.6%; Hispanic: 19%; Other 9.2%

  • Age 16-25: 21.9%; Age 26-35: 22.2%; Age 36-45: 19.5%; Age 46-55: 21.8%; Over age 56: 14.8%

  • Veterans: long-term unemployed rates consistent with rate of overall population

  • 18.1% did not graduate from high school (as opposed to only 9% of employed)

  • 12.7% are college graduates (as opposed to 22.3% of employed)

  • 4.5% have advanced degrees (as opposed to 11.7% of employed)

  • 6.5% have a work-limiting disability

  • 34.1% have an income below the poverty level

  • Married without children: 19.8%; Married with children: 17.1%; Single without children 49.8%; Single with children 13.3%

Effects of long-term unemployment

  • Erosion of human capital (depreciation of skills)

  • Erosion of social capital (loss of income and social position)

  • Accelerated debit

  • Tense relationships
- Relying on significant other, personal savings or family/friends for source of income. May need to downsize lifestyle

  • Worse mental and physical health / Higher mortality rates

  • Parental job loss hampers children’s educational progress (lowering their future earnings) and leaves children without medical benefits

  Biggest challenges in finding employment


  • Age or experience

  • Employer less responsive

  • Number of jobs in profession has dropped significantly during and post recession

  • Unable to relocate or commute far

  • Difficulty transitioning skills to a new field or industry

Attempts of long-term unemployed

  • Expanded professional network online and offline 

  • Volunteered

  • Signed up with a staffing firm/recruiter

  • Took on part-time work

  • Took a class

  • Went back to school full-time

 

 

 

 

 

 

     

     

    As a recent college grad, I was surprised how much I had to learn about the interview process. The expert advice and training from Interview Savvy saved me hours of interview prep. I am now a more knowledgeable and confident interviewee.

    – Brendan W., Boston University '11

    This is the best interview prep workshop I have attended… I have attended at least eight.

    – Lydia G., University of Chicago '14

    Walking into the seminar, I had very little confidence in my ability to give a solid interview. After the seminar, I’m feeling super-confident and excited at the prospect of my next interview!

    – Clarissa M., University of Chicago '15

    As a recruiter, I would say that the material is right on! An Interview Savvy candidate will be leaps and bounds ahead of the competition!

    – Jaclyn L.

    I'm confident Interview Savvy will give me an edge above others because I have never heard of any of my friends doing something like this. It was extremely helpful.

    – Meghan S., Miami of Ohio '14

    I would encourage anyone who is in the market or who will be in the market again for a job to take this class.

    – Kaitlyn P., Monmouth College '14