If you're looking for a full-time job, the good news is you're not alone. That's also the bad news. The 9.7% unemployment rate isn't likely to fall anytime soon, economists say, and the actual number of workers seeking full-time jobs could be poised to grow. In the worst-case scenario, more than 26 million people could be battling each other for a few available jobs.
As it is, more than 40% of the nation's 14.9 million unemployed workers have been out of a job for 27 weeks or more, according to the latest U.S. Bureau of Labor Statistics employment report. The average member of this group has been unemployed for 29.7 weeks -- nearly seven months, with no end in sight. And with each passing week, finding a new job has become harder and harder.