Long Term Unemployment Rate in the United States increased to 2.46 percent in November from 2.21 percent in October of 2020. source: U.S. Bureau of Labor Statistics
Long Term Unemployment Rate in the United States averaged 1 percent from 1948 until 2020, 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 December of 2020.
Long Term Unemployment Rate in the United States is expected to be 2.50 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Long Term Unemployment Rate in the United States to stand at 1.50 in 12 months time. In the long-term, the United States Long Term Unemployment Rate is projected to trend around 1.60 percent in 2021 and 1.20 percent in 2022, according to our econometric models.