Why Unemployed Office Workers Are Struggling to Find New Jobs

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  Okay, business leaders, are you here to play or are you playing to win?

• 00:04

  If you're in the to win, meet your next MVP, NetSuite by Oracle.

• 00:08

  Right now, get the CFO's guide to AI and machine learning at NetSuite.com slash wall street.

• 00:13

  NetSuite.com slash wall street.

• 00:17

  Here's your money briefing for Friday, January 10th.

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  I'm JR Whalen for the Wall Street Journal.

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  On average, it currently takes people about six months to find a job,

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  roughly a month longer than it did during the post-pandemic hiring boom in 2023, according to the Labor Department.

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  Especially, hit hard, have been unemployed white collar workers.

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  Now we're at a point where the Fed has raised interest rates a lot to try to fight inflation.

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  And so it's harder for companies to expand, which is what the Fed has been aiming for.

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  And companies have filled a lot of the positions that they needed people for.

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  So if you didn't get one of those musical chairs, when you needed one, then it could be too late in some professions.

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  We'll talk to Wall Street Journal reporter Matt Grossman about the outlook for 2025 after the break.

• 01:19

  Okay, business leaders.

• 01:21

  Are you here to play or are you playing to win?

• 01:23

  If you're in it to win, meet your next MVP.

• 01:26

  NetSuite by Oracle.

• 01:28

  NetSuite is your full business management system and one convenient suite.

• 01:31

  With NetSuite, you're running your accounting, your financial HR,

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