Friday, November 06, 2015

Employment Situation: Unemployment Duration October 2015

Today's employment situation report showed that conditions for the long term unemployed generally went flat in October.

Workers unemployed 27 weeks or more increased to 2.142 million or 26.8% of all unemployed workers while the median term of unemployment declined to 11.2 weeks and the average stay on unemployment increased to 28.0 weeks.