Graph of the Day for May 11, 2010

"And today, I'm happy to report that we received some very encouraging news... I should also note that the unemployment rate ticked up slightly from 9.7 to 9.9 [percent]."  President Obama, May 7, 2010.

Unemployed More Than 6 Months


Source:  St. Louis Fed/FRED.


Hoven's Index for May 11, 2010


Median length of unemployment:

January 2009:  10.6 weeks

April 2010:  21.6 weeks

May 1983 (highest prior to April 2009):  12.3 weeks

Source:  St. Louis Fed/FRED.


Graph of the Day Archive.

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