Except for recessions, the duration of unemployment for the typical person lasts
A)less than 4 weeks.
B)less than 13 weeks.
C)14 to 25 weeks.
D)more than 25 weeks.
E)over five years.

Question

Quizplus · Accepted Answer

According to the Bureau of Labor Statistics, as of September 2021, the median duration of unemployment is 10.4 weeks. This means that half of those who are unemployed find a job in less than 10.4 weeks. However, during recessions, the duration of unemployment tends to be longer.

Except for Recessions, the Duration of Unemployment for the Typical