Friday, January 08, 2016

Employment Situation: Unemployment Duration December 2015

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

Workers unemployed 27 weeks or more increased to 2.085 million or 26.3% of all unemployed workers while the median term of unemployment declined to 10.5 weeks and the average stay on unemployment declined to 27.6 weeks.