02-12-2016 17:16 via feedproxy.google.com

Friday's jobs report showed it's still tough for unemployed Americans

Friday's US jobs report had a huge surprise with a massive drop in the unemployment rate to 4.6%, the lowest since August 2007.
Despite that good news, the details of the report show that it's still tough out there for those who are unemployed.
For one thing, people who are out of work have on average been without a job for a pretty long time. The average length of unemployment as of November was 26.3 weeks. This tied with September 2015 for the least time since August 2009, but it is still much
Read more »