Long Term Unemployment Rate in the United States decreased to 1.35 percent in November from 1.44 percent in October of 2021. source: U.S. Bureau of Labor Statistics

Long Term Unemployment Rate in the United States averaged 1.01 percent from 1948 until 2021, 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. This page provides the latest reported value for - United States Long Term Unemployment Rate - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. United States Long Term Unemployment Rate - values, historical data and charts - was last updated on December of 2021.

Long Term Unemployment Rate in the United States is expected to be 1.35 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the United States Long Term Unemployment Rate is projected to trend around 0.95 percent in 2022 and 0.80 percent in 2023, according to our econometric models.

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United States Long Term Unemployment Rate

Related Last Previous Unit Reference
Unemployment Rate 4.20 4.60 percent Nov/21
Non Farm Payrolls 210.00 546.00 Thousand Nov/21
Nonfarm Payrolls Private 235.00 628.00 Thousand Nov/21
Government Payrolls -25.00 -82.00 Thousand Nov/21
Manufacturing Payrolls 31.00 48.00 Thousand Nov/21
Unemployed Persons 6877.00 7419.00 Thousand Nov/21
Employed Persons 155175.00 154039.00 Thousand Nov/21
Average Hourly Earnings 0.30 0.40 percent Nov/21
Average Weekly Hours 34.80 34.70 Hours Nov/21
Labor Force Participation Rate 61.80 61.60 percent Nov/21
Long Term Unemployment Rate 1.35 1.44 percent Nov/21
Youth Unemployment Rate 8.60 8.70 percent Nov/21
Labour Costs 120.92 118.55 points Sep/21
Productivity 111.33 112.76 points Sep/21
Job Vacancies 10507.00 10679.00 Thousand Sep/21
Job Offers 10438.00 10629.00 Thousand Sep/21
Wages 26.26 26.16 USD/Hour Oct/21
Wages in Manufacturing 24.24 24.19 USD/Hour Oct/21
Employment Cost Index 1.30 0.70 percent Sep/21
Employment Rate 59.20 58.80 percent Nov/21
Part Time Employment 25906.00 25747.00 Thousand Oct/21
Full Time Employment 128306.00 128027.00 Thousand Oct/21
United States Long Term Unemployment Rate
Long Term Unemployment Rate in the United States refers to the unemployment rate for a period longer than 27 weeks.