Monday, September 5, 2011

Full time unemployment rate declines slightly

Friday's employment situation report showed that in August the full time unemployment rate declined slightly to 9.7% of the civilian workforce remaining near the highest rate seen in 41 years.

The Bureau of Labor Statistics considers full time workers to be those ?who have expressed a desire to work full time (35 hours or more per week) or are on layoff from full-time jobs?.

Full time jobless workers currently account for roughly 88.5% of all unemployed workers.

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Source: http://rss.csmonitor.com/~r/feeds/csm/~3/s7NQDDuW3lc/Full-time-unemployment-rate-declines-slightly

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