Reason: Managers and professionals now make up 48 percent of those who fall in the Bureau of Labor Statistics' class of "chronically unemployed," those who were jobless for 27 weeks or more. That percentage is the highest ever recorded.
The result: More white-collar types are taking jobs at lower salaries.
- Solid reasons for firing protect against retaliation charges
- Hiring? Ignore Internet at your own peril
- Watch out for pitfalls, risks of using social media in hiring
- Workplace genetic testing raises discrimination concerns
- Handling new hires or promotions from within, document every step of interview process