Breaking Down Unemployment in Other Ways
Breaking Down Unemployment in Other Ways
The Bureau of Labor Statistics also gives information about the reasons for being unemployed as well as the length of time individuals have been unemployed. This table, for example, shows the four reasons for being unemployed and the percentages of the currently unemployed that fall into each category. This table shows the length of unemployment. For both of these, the data is from February of 2015. (bls.gov)
Reasons for Being Unemployed, February 2015
| Reason | Percentage |
|---|---|
| New Entrants | 11.2% |
| Re-entrants | 30.5% |
| Job Leavers | 10.2% |
| Job Losers: Temporary | 11.7% |
| Job Losers: Non Temporary | 36.3% |
Length of Unemployment, February 2015
| Length of Time | Percentage |
|---|---|
| Under 5 weeks | 27.9% |
| 5 to 14 weeks | 25.6% |
| 15 to 26 weeks | 15.4% |
| Over 27 weeks | 31.1% |
Note: Watch this speech on the impact of droids on the labor market.
This lesson is part of:
Unemployment
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