Friday, August 01, 2014

Employment Situation: Unemployment Duration July 2014

Today's employment situation report showed that conditions for the long term unemployed were mixed in July while still remaining distressed by historic standards.

Workers unemployed 27 weeks or more increased to 3.155 million or 32.9% of all unemployed workers while the median term of unemployment increased to 13.3 weeks and the average stay on unemployment went declined to 32.4 weeks.