A Blog dedicated to tracking economic trends and financial matters.
Friday, February 05, 2016
Employment Situation: Unemployment Duration January 2016
Today's employment situation report showed that conditions for the long term unemployed generally worsened in January.
Workers unemployed 27 weeks or more increased to 2.089 million or 26.9% of all unemployed workers while the median term of unemployment increased to 10.9 weeks and the average stay on unemployment increased to 28.9 weeks.