Over 12 Million People Are Either Long-Term Unemployed Seeking Work or Working Part Time

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3 years ago
5

While the latest numbers on the state of jobs in the US showed that the US was still creeping toward recovery, one thing remained consistent: The economy isn't working for millions of workers.

Even with the Delta wave easing, the number of jobs added in November was a big miss compared with expectations. On Friday, the Bureau of Labor Statistics said just 210,000 nonfarm payrolls were added in November — a far cry from the 550,000 that economists surveyed by Bloomberg forecast.

Last month, 7.4 million Americans fell into the government's official definition of being unemployed, which meant they were out of work and actively looking for a job.

Among those, 2.2 million had been unemployed for at least 27 weeks, which suggested that many prospective workers had been struggling to find a job for months.

https://www.yahoo.com/news/economys-problems-way-bigger-labor-151649864.html?guccounter=1&guce_referrer=aHR0cHM6Ly93d3cuZ29vZ2xlLmNvbS8&guce_referrer_sig=AQAAANf2QWaRuwA8ISiYkX5ik4ojQ3sCZ2Udjpi-BF6_p6mlHXuJGTKr9Ye77tC83Ucmozk8N8hul8NqPEESv0Z68Lc4dLS7Bmx4_8sZ7ZST3VenaE5iGW2DnektGNGQxGuUDVUoS_fmcV9HUSfbInFr-P7_ukiIdcBJyy_s7Y6whMly

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