A Blog dedicated to tracking economic trends and financial matters.
Friday, March 04, 2016
Employment Situation: Unemployment Duration February 2016
Today's employment situation report showed that conditions for the long term unemployed worsened notably in February.
Workers unemployed 27 weeks or more increased to 2.165 million or 27.7% of all unemployed workers while the median term of unemployment increased to 11.2 weeks and the average stay on unemployment increased to 29.0 weeks.