Even employed people are looking for jobs

According to a recent Labor Department report, first time job claims for unemployment benefits jumped to 667,000 last week, a 26-year high. Additionally, the number of people receiving unemployment benefits for more than a week has climbed to over five million, a record high.

To make things worse, the recently unemployed only represent a portion of the people who are scouring the job market. According to a Neilsen online study that is due to be released today, even people who are currently employed are searching for better, more secure employment.