Job Growth at Halt in U.S. – Worst Showing in 11 Months – NYTimes.com

2 Sep

The number of long-term unemployed — people out of work for 27 weeks or more — remained about the same as in July, at 6 million, as did the median duration of unemployment, at 19.6 weeks compared with 19.7 weeks in July.

The general unemployment rate, which counts only people who looked for work in the previous four weeks, held steady at 9.1 percent. But a broader measure that includes people who have looked for work in the last year and people who were involuntarily working part-time instead of full-time, fell to 16.1 percent from 16.3 percent. The percent of working-age adults who were employed, already at its lowest rate since 1983, ticked down from 58.6 percent to 58.5 percent.

via Job Growth at Halt in U.S. – Worst Showing in 11 Months – NYTimes.com.

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s

%d bloggers like this: