You could burn through $50,000 covering an unemployment stint in today's market

Joanelle Cobos (left) and Clair Todd (right) prepared financially for layoffs but faced a challenging job market.

Joanelle Cobos (left), Clair Todd (right)

• Job seekers are taking longer to find work these days, and some don't have the funds to cover the costs.
• Almost half of Americans don't have three months of emergency savings, per Fed survey data.
• Some workers are saving specifically for the possibility of a layoff.

Job searches are taking longer, and some Americans' savings aren't keeping up.