Full time unemployment drops
The full time unemployment rate declined to 9.0 percent of the civilian workforce but remains near the highest rate seen in 41 years.
The full time unemployment rate declined to 9.0 percent of the civilian workforce but remains near the highest rate seen in 41 years.
By SoldAtTheTop, Guest blogger
Friday's employment situation report showed that in December the full time unemployment rate declined to 9.0% of the civilian workforce but remains near the highest rate seen in 41 years.
The Bureau of Labor Statistics considers full time workers to be those 鈥渨ho have expressed a desire to work full time (35 hours or more per week) or are on layoff from full-time jobs鈥�.
Full time jobless workers currently account for roughly 88.5% of all unemployed workers.