Tuesday, 10 May 2016

Tatum Sherman Explores Long-Term Unemployment

As the owner of Resource Referral, a reputable staffing firm, Tatum Sherman has been battling the unemployment rate ever since her business opened. Unemployment is a societal issue that is dealt with in both the private, and the public sector. Unemployment is a complex issue that is examined by many economists, and has a multitude of different sub-sectors. One form of unemployment that is studied closely is known as “long-term unemployment”.

Long-term unemployment is defined as a person or persons being unemployed for 27 weeks or more. Long-term unemployment is experienced in every industry, occupation, and at all levels of education. While everyone is likely to be unemployed at one point or another in their professional career, long-term unemployment is a serious issue, as it can cause substantial damage to the economy, and a professional reputation.

Long-term unemployment is a self-perpetuating problem, meaning the longer a person is unemployed, the more likely they will not be able to seek new employment. This is especially true for low and medium skill jobs, as employment history gaps play a big role in the hiring process. High skill jobs are less likely to be subject to this phenomenon because employers of high skill workers usually only factor in skill level and experience. For the majority however, long-term unemployment remains a serious issue that still needs to be addressed.

Tatum Sherman has been helping to fight back against unemployment rates. Her company Resource Referral has helped link thousands of professionals to companies in need of their skills.