Since 2008, youth unemployment has increased (see chart)—in the United States it climbed to more ... But there are also labor market practices, especially in Europe, that add to long-term problems.

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.

So what can long-term unemployed Americans do to build a budget for ongoing joblessness? Here are the accounts you can tap, bills you can deprioritize and strategies you can use to survive long ...

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.