Earlier we reviewed the March 2011 BLS unemployment report. This post goes into a more unemployment and jobs details not covered previously.
There are 13,542,000 people officially unemployed, and if one takes the alternative measure of unemployment, it's over 24 million.
Below is a new graph, courtesy of the Saint Louis Federal Reserve, for the unemployment rate of just those unemployed 15 weeks or longer. 60.1% of the people who are officially counted as unemployed have been so 15 weeks or longer. The number of people unemployed 15 weeks or longer as part of the civilian labor force is 5.3%. Compare this to the official 8.8% unemployment rate. This means that it takes most people who are unemployed almost 4 months or more to find a job...if they do.
