Unemployment rate edges down in November 2012
December 11, 2012
The unemployment rate edged down from 7.9 percent in October to 7.7 percent in November. The number of unemployed persons, at 12.0 million, changed little.
|Month||Number of unemployed||Unemployment rate|
|Duration of unemployment||November 2011||November 2012|
|Number of unemployed||Percent distribution||Number of unemployed||Percent distribution|
Less than 5 weeks
5 to 14 weeks
15 to 26 weeks
27 weeks and over
The number of long-term unemployed (those jobless for 27 weeks or more) was 4.8 million in November 2012. These individuals accounted for 40.1 percent of the unemployed.
In November 2011, there were 5.7 million persons classified as long-term unemployed, accounting for 43.1 percent of the unemployed.
Bureau of Labor Statistics, U.S. Department of Labor, The Economics Daily, Unemployment rate edges down in November 2012 on the Internet at http://www.bls.gov/opub/ted/2012/ted_20121211.htm (visited March 01, 2015).
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