The long-term unemployment rate rose to 40.6 percent in October, up from September’s level of 40.1 percent of the total unemployed, according to a report from the Bureau of Labor Statistics Friday.
Long-term unemployment is unemployment lasting for 27 consecutive weeks or longer, according to BLS.
Obamanomics: Long-Term Unemployment Rate Jumps To 40.6%
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Seeded on Fri Nov 2, 2012 10:41 AM
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