Saturday, December 06, 2014

Employment Situation: Unemployment Duration November 2014

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

Workers unemployed 27 weeks or more declined to 2.815 million or 30.7% of all unemployed workers while the median term of unemployment decreased to 12.8 weeks and the average stay on unemployment increased to 33.0 weeks.