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Long-term unemployment in US rises to 1.8M, up 45% since 2019
Long-term US unemployment hits 1.8M monthly in 2026, up 45% from 2019. A low-hire labor market raises risks for consumer spending and crypto markets alike.
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Long-term unemployment in US rises to 1.8M, up 45% since 2019
Long-term US unemployment hits 1.8M monthly in 2026, up 45% from 2019. A low-hire labor market raises risks for consumer spending and crypto markets alike.
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US labor market adds 172,000 jobs in May, but job seekers face longer unemployment
The US added 172,000 jobs in May, double expectations, but long-term unemployment rose and Bitcoin fell toward $62,000 as rate cut hopes faded.