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Number of Long-Term Unemployed Workers Jumps by 248,000

2021-07-09 23 Dailymotion

Number of Long-Term <br />Unemployed Workers, Jumps by 248,000.<br />According to data released July 9 <br />by the Bureau of Labor Statistics.<br />2.9 million people in America have been <br />unemployed for at least one year.<br />The number is equal to 29 percent of all <br />people who are currently unemployed.<br />There are many people who lost their jobs early on in the recession who’ve been unemployed ever since, Heidi Shierholz, Economic Policy Institute, <br />via CNBC.<br />Close to two dozen states have shuttered access <br />to federal pandemic unemployment assistance.<br />Despite the grim data, analysts say the numbers <br />are reflective of pandemic economy trends.<br />As the overall unemployment rate comes down, I expect the long-term unemployment rate will come down, Heidi Shierholz, Economic Policy Institute, <br />via CNBC.<br />850,000 jobs were added to the <br />U.S. economy in June

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