Long Term Unemployment Rate in the United States decreased to 0.92 percent in December from 0.98 percent in November of 2024. Long Term Unemployment Rate in the United States averaged 1.00 percent from 1948 until 2024, 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. source: U.S. Bureau of Labor Statistics
Long Term Unemployment Rate in the United States is expected to be 1.00 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations.