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Low, Low, Low

By December 8, 2015CMF Blog

In the latest jobs report, the unemployment rate for management, professional, and related occupations in November 2015 was 2.1% – the lowest it has been since 2008. The graph below (PDF version here) shows the monthly trend in unemployment rates for this type of occupation since November 2014.

Unemployment Rates Chart_pic

Also, our detailed review of Friday’s jobs report indicated that the number of people unemployed for 15 to 26 weeks decreased nearly 10% since November of 2014 and decreased greater than 25% for those unemployed for more than 27 weeks. Data is included in the table below (PDF version here).

Number of Long Term Unemployed_pic

 

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