Monday, August 9, 2010

Duration of Unemployment July 2010

In July 2010, the number of unemployed for 27 weeks or more declined slightly to 6.572 million (seasonally adjusted) from 6.751 million in June. It is possible that the number of long term unemployed has peaked, but it is still very difficult for these people to find a job - and this is a very serious employment issue.

The less than 5 weeks category increased in July and is now at the highest level since January - and that is concerning.


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