Unemployed Americans Endure Longer Job Searches

“Job seekers are out in the cold this summer. Especially the ones who have been hunting for a while,” the Wall Street Journal reports.

“Beyond the headline-grabbing top-line numbers in the jobs report for July was another striking piece of data: The number of people unemployed for at least 27 weeks topped 1.8 million, the highest level since 2017, not counting the pandemic’s unemployment surge. The median length of unemployment in the U.S. has also ticked up, from a seasonally adjusted 9.5 weeks in July 2024 to 10.2 weeks last month.”