This chart is taken from The Economist. As noted,the chart is based on work by Alan Krueger and Andreas Muller. Details on which this chart is based can be found in this paper.
How one can spend less than an hour a day when one is out of work is beyond my ken! Looking for a job should be your job and you have to devote real time to that job.
The chart brought back memories of an interview years ago of someone who had been unemployed for over a year. During that time he sent out about twenty resumes. Need I say that I was flabbergasted as, when I was out of work for just six weeks, I spent a good deal of most days researching possible opportunities and sent out 600 resumes.
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