Monday, November 07, 2016

Employment Situation: Unemployment Duration October 2016

The latest employment situation report showed that conditions for the long term unemployed generally went flat in October.

Workers unemployed 27 weeks or more increased to 1.979 million or 25.2% of all unemployed workers while the median term of unemployment declined to 10.2 weeks and the average stay on unemployment declined to 27.2 weeks.