Friday, February 24, 2012

How Long Have People Been Unemployed?

The above chart shows the median amount of time people have been unemployed.  Notice this level has not dropped in a significant way, showing there is still a basic problem in the employment situation.

And while the number of unemployed 15 weeks and longer is dropping, it is still at very high levels, as is

The number unemployed for 27 weeks and longer.

The above charts show that we still have much progress to make.