海角大神

Skip to footer

Long term unemployment decreases in November

Workers unemployed 27 weeks or more decreased to 4.79 million or 40.1 percent of all unemployed workers in November.

|
SoldAtTheTop
This graph, dating back to 2000, tracks the number of people unemployed for 27 weeks and over. Today鈥檚 situation far exceeds even the conditions seen during the double-dip recessionary period of the early 1980s.

Be sure to bookmark the ""... it's live.

罢辞诲补测'蝉听聽showed that conditions for the long term unemployed improved in November remaining epically distressed by historic standards.

Workers unemployed 27 weeks or more decreased to 4.786 million or 40.1% of all unemployed workers while the median number of weeks unemployed dropped to 19.0 weeks and the average stay on unemployment declined to 40.0 weeks.

Looking at the chart above you can see that today鈥檚 sorry situation far exceeds even the conditions seen during the double-dip recessionary period of the early 1980s, long considered by economists to be the worst period of unemployment since the Great Depression.

You've read  of  free articles. Subscribe to continue.
Real news can be honest, hopeful, credible, constructive.
海角大神 was founded in 1908 to lift the standard of journalism and uplift humanity. We aim to 鈥渟peak the truth in love.鈥� Our goal is not to tell you what to think, but to give you the essential knowledge and understanding to come to your own intelligent conclusions. Join us in this mission by subscribing.
QR Code to Long term unemployment decreases in November
Read this article in
/Business/Paper-Economy/2012/1207/Long-term-unemployment-decreases-in-November
QR Code to Subscription page
Start your subscription today
/subscribe