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Long-term unemployment fell again but at slowest pace since April
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The number of long-term unemployed fell by 136,000 in November, continuing a downward trend since early 2021 as the economy and labor market have rebounded.
However, the decrease was the smallest since April, when long-term unemployment fell by 35,000 people.
Long-term unemployment is a period of joblessness that lasts more than six months. It's a financially precarious time for individuals, who generally by then no longer qualify for unemployment benefits. It may also cause lasting damage like
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