Full time unemployment rate declines slightly

Still remains near the highest rate in 41 years

By , Guest blogger

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    This chart shows the unemployment rate among full-time workers over the past 20 years. The rate dropped slightly this year, but remains high
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Friday's employment situation report showed that in August the full time unemployment rate declined slightly to 9.7% of the civilian workforce remaining 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 roughly 88.5% of all unemployed workers.

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