Friday, June 02, 2017

Employment Situation: Unemployment Duration May 2017

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

Workers unemployed 27 weeks or more increased to 1.663 million or 24.0% of all unemployed workers while the median term of unemployment declined to 10.4 weeks and the average stay on unemployment went flat at 24.7 weeks.