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Today’s employment situation report showed that the full time unemployment rate declined notably to 10.4% of the civilian workforce but still 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 88.5% of all unemployed workers. (Click to enlarge)

This article is tagged with: Macro View, Economy, United States
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