A disturbing employment trend is hiding beneath the latest strong job numbers
Summary
Despite recent strong employment figures, official data from October reveals a concerning shift in the labor market. The average duration that jobless individuals spend looking for work has now exceeded twenty-seven weeks, marking the highest level seen outside the pandemic in ten years.
The average jobless worker's bout of unemployment surpassed 27 weeks in October, the highest outside of the pandemic period in a decade.
Source: Read the full story at US Top News and Analysis
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