Showing posts with label unemployment duration. Show all posts
Showing posts with label unemployment duration. Show all posts

Monday, July 8, 2013

Recovery-less Recovery: Unemployment Duration June 2013


Last week's employment situation report showed that conditions for the long term unemployed improved in June while still remaining distressed by historic standards.

Workers unemployed 27 weeks or more declined to 4.328 million or 36.7% of all unemployed workers while the median term of unemployment declined to 16.3 weeks and the average stay on unemployment declined to 35.6 weeks.

Looking at the charts below (click for super interactive versions) you can see that today’s 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.



Friday, June 7, 2013

Recovery-less Recovery: Unemployment Duration May 2013


Today's employment situation report showed that conditions for the long term unemployed were mixed in May while still remaining distressed by historic standards.

Workers unemployed 27 weeks or more increased to 4.357 million or 37.3% of all unemployed workers while the median term of unemployment declined to 17.3 weeks and the average stay on unemployment increased to 36.9 weeks.

Looking at the charts below (click for super interactive versions) you can see that today’s 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.



Friday, October 5, 2012

Recovery-less Recovery: Unemployment Duration September 2012

Be sure to bookmark the "Scary Unemployment Dashboard"... it's live.

Today's employment situation report showed that conditions for the long term unemployed went mixed in September remaining epically distressed by historic standards.

Workers unemployed 27 weeks or more declined to 4.844 million or 40.1% of all unemployed workers while the median number of weeks unemployed climbed to 18.5 weeks and the average stay on unemployment rose to 39.8 weeks.

Looking at the charts below (click for super interactive versions) you can see that today’s 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.



Friday, June 1, 2012

Recovery-less Recovery: Unemployment Duration May 2012

Be sure to bookmark the "Scary Unemployment Dashboard"... it's live.

Today's employment situation report showed that conditions for the long term unemployed worsened notably in May and remained epically distressed by historic standards.

Workers unemployed 27 weeks or more increased to 5.411 million or 42.8% of all unemployed workers while the median number of weeks unemployed increased to 20.1 weeks and the average stay on unemployment climbed to 39.7 weeks, the highest level ever recorded.

Looking at the charts below (click for super interactive versions) you can see that today’s 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.