A Blog dedicated to tracking economic trends and financial matters.
Friday, July 08, 2016
Employment Situation: Unemployment Duration June 2016
Today's employment situation report showed that conditions for the long term unemployed generally worsened in June.
Workers unemployed 27 weeks or more increased to 1.979 million or 25.8% of all unemployed workers while the median term of unemployment declined to 10.3 weeks and the average stay on unemployment rose to 27.7 weeks.