Full-time unemployment rate 10.7 percent
While the national unemployment rate was 9.8 percent in November, 10.7 percent of those seeking full-time work remained unemployed.
This graph of unemployment for full-time workers over the past two decades shows that unemployment (blue line) remains near its 41-year high, in October 2009. The red area shows the percent change compared to the same date a year before. Unemployment has stopped worsening, the red line shows, but it's not getting better, either.
SoldAtTheTop / The Paper Blogger
Today’s employment situation report showed that the full time unemployment rate increased to 10.7% of the civilian workforce remaining very 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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