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Long-Term Unemployed Americans Surge to Nearly 2 Million, Up 4 Percentage Points in June

2026-07-18 19:36:49

According to Wall Street Journal and U.S. Department of Labor data, nearly 2 million Americans have been unable to find work for at least six consecutive months. In June, long-term unemployed individuals (continuously jobless for 27 weeks or more) represented 27.3% of all unemployed persons, up 4 percentage points from a year earlier. This ratio approaches the highest level since late 2021. Weakening hiring activity means more people continue entering long-term unemployment despite some finding new jobs.

Disclaimer: The information on this page may come from third-party sources and is for reference only. It does not represent the views or opinions of Gate and does not constitute any financial, investment, or legal advice. Virtual asset trading involves high risk. Please do not rely solely on the information on this page when making decisions. For details, see the Disclaimer.

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