August 5, 2022

The average duration of unemployment fell 0.2 week in July to 22.1 to 22.1 weeks after having fallen 0.2 week in June.  Some of the people that became unemployed in 2020 remain unemployed hence the average duration of unemployment remains long.  It is now declining, but at a relatively slow pace.

Stephen Slifer

NumberNomics

Charleston, SC