The Scary Thing About Being Long-Term Unemployed: Job-Training Doesn't Work![](http://static.businessinsider.com/image/4c4413ae7f8b9a5754300400-406-242/long-term.png)
One of the most depressing jobless charts is the one that shows the number of folks unemployed for 27 weeks or longer.
There's not much prospect of this number coming down sharply, in large part because these (non-)workers are likely to have the largest skills mismatch with potential employers.
And unless the housing boom comes back in a gigantic way, and brings all the attendant industries along with it, this problem will likely remain.
Why?
Because job training programs basically don't work, except in rare, specific situations.
Read more:
http://www.businessinsider.com/the-scary-thing-about-being-long-term-unemployed-job-training-doesnt-work-2010-7#ixzz0u7cXsQwD