U.S. Bureau Of Labor Statistics Updates

Employment situation summary for November 2016

unemployment stats

According to the U.S. Bureau of Labor Statistics employment situation summary released December 2nd, 2016 unemployment dropped to 4.6 percent in November and the number of unemployed persons decreased by 387,000 to 7.4 million.  Employment has grown in health care and professional and business services.

In November, the marginally attached to the workforce—unemployed, available for work, and have looked for a job in the last 12 months—was 1.9 million. This is number is up by 215,000 from the same time last year. (These individuals are not counted in the unemployed because they had not looked for a job in the last four weeks.)

The number of long-term unemployed (those who have been jobless for 27 weeks or more) was essentially unchanged at 1.9 million in November. These individuals accounted for 24.8 percent of the unemployed.

Visit the U.S. Bureau of Labor Statistics for the complete summary.

 

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