Monday, July 07, 2014

Employment Situation: Unemployment Duration June 2014

Thursday's employment situation report showed that conditions for the long term unemployed improved in June while still remaining distressed by historic standards.

Workers unemployed 27 weeks or more declined to 3.081 million or 32.8% of all unemployed workers while the median term of unemployment declined to 13.1 weeks and the average stay on unemployment went declined to 33.5 weeks.