Long Term Unemployment Rate in the United States increased to 0.71 percent in May from 0.69 percent in April of 2023. source: U.S. Bureau of Labor Statistics

Long Term Unemployment Rate in the United States averaged 1.01 percent from 1948 until 2023, 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 June of 2023.

Long Term Unemployment Rate in the United States is expected to be 0.72 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations.

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United States Long Term Unemployment Rate



Related Last Previous Unit Reference
Unemployment Rate 3.70 3.40 percent May 2023
Non Farm Payrolls 339.00 294.00 Thousand May 2023
Nonfarm Payrolls Private 283.00 253.00 Thousand May 2023
Government Payrolls 56.00 41.00 Thousand May 2023
Manufacturing Payrolls -2.00 10.00 Thousand May 2023
Employed Persons 160721.00 161031.00 Thousand May 2023
Unemployed Persons 6097.00 5657.00 Thousand May 2023
Average Hourly Earnings 0.30 0.40 percent May 2023
Average Weekly Hours 34.30 34.40 Hours May 2023
Labor Force Participation Rate 62.60 62.60 percent May 2023
Long Term Unemployment Rate 0.71 0.69 percent May 2023
Youth Unemployment Rate 7.40 6.50 percent May 2023
Productivity 112.72 113.31 points Mar 2023
Labour Costs 128.50 127.20 points Mar 2023
Job Vacancies 10642.00 9356.00 Thousand Apr 2023
Job Offers 10103.00 9745.00 Thousand Apr 2023
Wages 28.75 28.62 USD/Hour May 2023
Wages in Manufacturing 26.18 26.13 USD/Hour May 2023
Employment Cost Index 1.20 1.10 percent Mar 2023
Part Time Employment 26443.00 26663.00 Thousand May 2023
Employment Rate 60.30 60.40 percent May 2023
Full Time Employment 134477.00 134500.00 Thousand May 2023

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
0.71 0.69 4.40 0.08 1948 - 2023 percent Monthly
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