In May, the number of long-term unemployed (those jobless for 27 weeks and over) was about 6.8 million. These individuals made up 46.0 percent of unemployed persons, about the same as in April.
The following is the long term view.

How to make money in the market...look beyond the obvious...spot the trends...and do your homework.
In May, the number of long-term unemployed (those jobless for 27 weeks and over) was about 6.8 million. These individuals made up 46.0 percent of unemployed persons, about the same as in April.

5,594,000 versus 2,275,000 a year ago. In October, 35.6 percent of unemployed persons were jobless for 27 weeks or more.

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Bob DeMarco is a citizen journalist and twenty year Wall Street veteran. Bob has written more than 950 articles with more than 8,000 links to his work on the Internet. Content from All American Investor has been syndicated on Reuters, the Wall Street Journal, Fox News, Pluck, Blog Critics, and a growing list of newspaper websites. Bob is actively seeking syndication and writing assignments. |
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