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Number of workers unemployed for more than a year jumps by 248,000

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A job seeker fills out an application form during a restaurant and hospitality career fair in Torrance, California, on June 23, 2021.

Eric Thayer/Bloomberg via Getty Images

The number of Americans out of work for at least a year jumped by 248,000 in June, underscoring persistent challenges for some households even as the broader labor market is improving.

Nearly 2.9 million people have been jobless for 52 weeks or more, according to the Bureau of Labor Statistics. (The agency only reports these figures without an adjustment for seasonal factors.)

That represented about 29% of all unemployed workers last month.

Such workers are among the long-term unemployed, or those experiencing a period of…



Source cnbc.com

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