Friday, September 04, 2015

Employment Situation: Unemployment Duration August 2015

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

Workers unemployed 27 weeks or more increased to 2.187 million or 27.7% of all unemployed workers while the median term of unemployment increased to 12.1 weeks and the average stay on unemployment increased to 28.4 weeks.