Friday, June 03, 2016

Employment Situation: Unemployment Duration May 2016

Today's employment situation report showed that conditions for the long term unemployed generally improved in May.

Workers unemployed 27 weeks or more decreased to 1.885 million or 25.1% of all unemployed workers while the median term of unemployment declined to 10.7 weeks and the average stay on unemployment declined to 25.1 weeks.