Friday, November 07, 2014

Employment Situation: Unemployment Duration October 2014

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

Workers unemployed 27 weeks or more declined to 2.916 million or 32.0% of all unemployed workers while the median term of unemployment increased to 13.7 weeks and the average stay on unemployment increased to 32.7 weeks.