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Chart of the Day: Long-term unemployed residents dropped to 13,700
Job hunting for 25 weeks.
According to the latest report by MoM, long-term unemployment improved slightly over the year. 13,700 unemployed residents making up 0.6% of the resident labour force in March 2013 had been looking for work for at least 25 weeks, down from 14,000 or 0.7% a year ago.
As the number of unemployed residents decreased at a similar pace, the share of long-term unemployed among resident job seekers was unchanged over the year at 24%.
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