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The number of long-term unemployed (those jobless for 27 weeks or more) declined by 293,000 in June to 3.1 million; these individuals accounted for 32.8 percent of the unemployed. Over the past 12 months, the number of long-term unemployed has decreased by 1.2 million."
The United States Bureau of Labor Statistics (BLS), which reports current long-term unemployment rate at 1.9 percent, defines this as unemployment lasting 27 weeks or longer. Long-term unemployment is a component of structural unemployment, which results in long-term unemployment existing in every social group, industry, occupation, and all ...
The steady employment gains in recent months suggest a rough answer. The unemployment rate has been 7.9 percent, 7.8 percent and 7.8 percent for the past three months, while the labor force participation rate has been 63.8 percent, 63.6 percent and 63.6 percent. Meanwhile, job gains have averaged 151,000.
New jobless claims, a proxy for layoffs, increased to 8,103 in the week ending April 20, the Labor Department said. There were 4,538 claims the week before. U.S. unemployment claims dropped to ...
Initial filings for unemployment benefits in New York dropped last week compared with the week prior, the U.S. Department of Labor said Thursday. New jobless claims, a proxy for layoffs, fell to ...
The number of Americans signing up for unemployment benefits fell slightly last week, another sign that the labor market remains strong and most workers enjoy extraordinary job security. The Labor ...
The Pandemic Emergency Unemployment Compensation (PEUC) extended benefit durations by 13 weeks for those who have otherwise exhausted benefits. The Pandemic Unemployment Assistance (PUA) expanded eligibility for unemployment insurance temporarily, extending it to any individual who is out of work due to the pandemic, including formerly self ...
If you work fewer than 10 hours, you can report zero hours to UI, and retain your full unemployment insurance payment. Weekly, 11-16 hours of work is the equivalent of one day of work and would ...