Friday, February 06, 2015

Employment Situation: Unemployment Duration January 2015

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

Workers unemployed 27 weeks or more increased to 2.800 million or 31.5% of all unemployed workers while the median term of unemployment increased to 13.4 weeks and the average stay on unemployment declined slightly to 32.3 weeks.