Long Term Unemployment Rate in the United States increased to 1.07 percent in February from 1.03 percent in January of 2022. source: U.S. Bureau of Labor Statistics

Long Term Unemployment Rate in the United States averaged 1.01 percent from 1948 until 2022, 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 July of 2022.

Long Term Unemployment Rate in the United States is expected to be 1.20 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 1.00 percent in 2023 and 1.50 percent in 2024, according to our econometric models.

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United States Long Term Unemployment Rate



Related Last Previous Unit Reference
Unemployment Rate 3.60 3.60 percent May 2022
Non Farm Payrolls 390.00 436.00 Thousand May 2022
Government Payrolls 57.00 31.00 Thousand May 2022
Nonfarm Payrolls Private 333.00 405.00 Thousand May 2022
Manufacturing Payrolls 18.00 61.00 Thousand May 2022
Unemployed Persons 5950.00 5941.00 Thousand May 2022
Employed Persons 158426.00 158105.00 Thousand May 2022
Average Hourly Earnings 0.30 0.30 percent May 2022
Average Weekly Hours 34.60 34.60 Hours May 2022
Labor Force Participation Rate 62.30 62.20 percent May 2022
Long Term Unemployment Rate 1.07 1.03 percent Feb 2022
Youth Unemployment Rate 7.80 7.90 percent May 2022
Labour Costs 127.95 124.20 points Mar 2022
Productivity 110.98 113.17 points Mar 2022
Job Vacancies 11981.00 11737.00 Thousand Apr 2022
Job Offers 11400.00 11855.00 Thousand Apr 2022
Wages 27.33 27.12 USD/Hour May 2022
Wages in Manufacturing 24.93 24.82 USD/Hour May 2022
Employment Cost Index 1.40 1.00 percent Mar 2022
Full Time Employment 132800.00 132067.00 Thousand May 2022
Part Time Employment 25766.00 26091.00 Thousand May 2022
Employment Rate 60.10 60.00 percent May 2022

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.
Actual Previous Highest Lowest Dates Unit Frequency
1.07 1.03 4.40 0.08 1948 - 2022 percent Monthly