Entries in John Challenger (1)


The Unemployed Predict Length of 2012 Job Search

Stockbyte/Thinkstock(CHICAGO) -- Out-of-work Americans differ in opinions when it comes to how long it will take them to find a job in 2012, according to a new survey released Thursday by a famed global outplacement and executive coaching firm.

Out of 600 people who called a job-search advice helpline, Challenger, Gray & Christmas, Inc. found that 30 percent of them believe they'll get work within three months.  That's an 18-percent boost from last year at this time.

But there's also added gloominess from many frustrated job-seekers.  Ten percent think that finding a new employer will take them over a year -- up from 4 percent in 2010.

In fact, most of the callers to the hotline say it will be tougher to get a job next year.  The percentage of those claiming the search will last seven to nine months is up 14 percent from last year's survey, while slightly more this year than last say the hunt will stretch from 10 to 12 months.

John A. Challenger, CEO of Challenger, Gray & Christmas, concluded, "There was a lot more uncertainty a year ago.  Almost half of last year’s callers had no idea how long the job search would take.  This year, callers were either certain of the job market’s improvement or certain of its continued weakness."

Challenger said that when times are tough, as they are now, even high-quality candidates can expect a search of four to six months.

Copyright 2011 ABC News Radio

ABC News Radio