Today’s employment situation report showed that in April the full time unemployment rate declined slightly to 8.5% of the civilian workforce but remains near the highest rate seen in 41 years.The Bureau of Labor Statistics considers full time workers to be those “who have expressed a desire to work full time (35 hours or more per week) or are on layoff from full-time jobs”.
Full time jobless workers currently account for roughly 88.5% of all unemployed workers.
