These charts show the long-term unemployment situation in December - Business Insider

  • 📰 BusinessInsider
  • ⏱ Reading Time:
  • 35 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 17%
  • Publisher: 51%

Singapore News News

Millions of Americans have been out of work for more than 6 months — these 2 charts break down who the long-term unemployed are

. But in addition to that surprise decline, there's an important demographic lingering in the story of American unemployment: those who have already been unemployed for months.

In April, when the pandemic resulted in a major climb in the level of unemployment, there were around 929,000 long-term unemployed Americans, but that number now stands at nearly 3.9 million. That means over aA closer look at who was considered long-term unemployed in DecemberUS Bureau of Labor Statistics

In almost all of the demographic groups below, there were more long-term unemployed workers than in any of the other unemployment duration intervals tracked by BLS. This is a reversal of what the duration of unemployment looked like at the same time last year. In the, most unemployed workers in these demographic groups were unemployed for fewer than 14 weeks.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Dems can not run anything! They do not understand businesses and how they are run because most of them have never run any business in their life. That is why they have to continue to tax to cover their spending!!

In the same economy you have richest of the richest sitting on piles of wealth with their teeth 😬 out

^€€(()£9£8¥(())988£())¥98(())0

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 729. in SG

Singapore Singapore Latest News, Singapore Singapore Headlines