Long Term Unemployment Rate in the United States increased to 0.80 percent in March from 0.78 percent in February of 2019. Long Term Unemployment Rate in the United States averaged 1.02 percent from 1950 until 2019, reaching an all time high of 4.40 percent in April of 2010 and a record low of 0.08 percent in May of 1953.
Long Term Unemployment Rate in the United States is expected to be 0.90 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Long Term Unemployment Rate in the United States to stand at 0.90 in 12 months time. In the long-term, the United States Long Term Unemployment Rate is projected to trend around 1.10 percent in 2020, according to our econometric models.