Friday, October 03, 2014

Employment Situation: Unemployment Duration September 2014

Today's employment situation report showed that conditions for the long term unemployed mostly improved in September while still remaining distressed by historic standards.

Workers unemployed 27 weeks or more declined to 2.954 million or 31.9% of all unemployed workers while the median term of unemployment increased to 13.3 weeks and the average stay on unemployment went declined to 31.5 weeks.