A Blog dedicated to tracking economic trends and financial matters.
Friday, May 06, 2016
Employment Situation: Unemployment Duration April 2016
Today's employment situation report showed that conditions for the long term unemployed generally improved in April.
Workers unemployed 27 weeks or more decreased to 2.063 million or 25.7% of all unemployed workers while the median term of unemployment went flat at 11.4 weeks and the average stay on unemployment declined to 27.7 weeks.