What Happens to the Unemployed? (Economix - The Net)

The "labor force status flows" statistics don't get a lot of attention, but they show some interesting information on what happens to the unemployed from month to month. Did they stay unemployed? Did they find a new job? Did they give up and drop out of the labor force? Did they die?

Since today it's all-labor-charts-all-the-time, I decided to take a peek at this undeservingly neglected report.

Of those who were unemployed in February, 17 percent found work. But a vast majority -- 64 percent -- remained unemployed, and another 19 percent dropped out of the labor force altogether.(...)

Go to the source