As of January 2014, 2.6 million people were unemployed for 1 year or more, with an average unemployment period of 37 weeks. That’s a significant amount of time during which it is possible that skills can rust or become outdated, which is the first concern cited by hiring managers and recruiters for not hiring unemployed candidates.
Generally, companies don’t lay off their top people, so if someone is indeed unemployed for a length of time, does that signal performance issues? In times such as these, many companies are forced to let go of their top talent in order to save their bottom line. There are many scenarios that could lead to a long gap in job history. For example, if [...]