In October 2023, only about 1.3 million workers were classified as long-term unemployed. People unemployed for the long term made up about 23% of total unemployed persons in October, the bureau said.

Fiscal contractions raise both short-term and long-term unemployment, as shown in Chart 3, but the impact is much greater on the latter. Long-term unemployment refers to spells of unemployment lasting ...

Here, reproduced with permission is the latest unemployment chart from ShadowStats ... equal to U-6 plus an estimate of what he calls long-term discouraged workers, or LTDWs, for short.