Story perspectives

U.S. Long-Term Unemployment Soars Amid Economic Struggles

9/20/2025

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Summary

Story summary

Long-term unemployment in the U.S. has reached over 1.9 million, the highest level since early COVID-19.
Recent college graduates face a 6.5% unemployment rate, significantly above the overall 4.3%.
Many long-term unemployed individuals report anxiety and depression, with some contemplating suicide.
Job creation slowed to just 22,000 in August 2025, as major companies pause hiring or implement layoffs.
Inflation is rising, affecting living standards and leading to social unrest, with 58% of companies planning layoffs in 2026.

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Story summary

Long-term unemployment in the U.S. has reached over 1.9 million, the highest level since early COVID-19.
Recent college graduates face a 6.5% unemployment rate, significantly above the overall 4.3%.
Many long-term unemployed individuals report anxiety and depression, with some contemplating suicide.
Job creation slowed to just 22,000 in August 2025, as major companies pause hiring or implement layoffs.
Inflation is rising, affecting living standards and leading to social unrest, with 58% of companies planning layoffs in 2026.