Long-term unemployment rate remains high in 2010
November 17, 2010
Approximately 1 in 25 persons who were in the labor force in October 2010 had been unemployed for 27 weeks or more.
Workers who were long-term unemployed (27 weeks or more) accounted for 4.4 percent of the labor force in May and June 2010, a high for this series; the previous high was 2.6 percent, in 1983.
The recession that began in December 2007 led to the highest unemployment rates in almost three decades, along with record-breaking rates of long-term unemployment. Almost 3 years after the onset of the recession, the unemployment rate remains high, at 9.6 percent, with the long-term unemployed accounting for 41.8 percent of the unemployed.
These data are from the Current Population Survey. To learn more, see "The composition of the unemployed and long-term unemployed in tough labor markets" (PDF) in the October issue of Monthly Labor Review. The labor force includes all persons classified as employed or unemployed.
Bureau of Labor Statistics, U.S. Department of Labor, The Economics Daily, Long-term unemployment rate remains high in 2010 on the Internet at http://www.bls.gov/opub/ted/2010/ted_20101117.htm (visited March 31, 2015).
Three recent editions of Spotlight on Statistics
Trends in long-term unemployment
Long-term unemployment reached historically high levels following the recession of 2007–2009.
Housing: before, during, and after the Great Recession
looks at consumer expenditures on household items, employment in residential construction, prices for household items, and injuries in occupations involved in building and maintaining our homes.
Women veterans in the labor force examines the demographic, employment, and unemployment characteristics of women veterans.