Adults aged between 25 and 54 represented the largest share of long-term unemployed workers.
by Sidnee Michelle
Nearly 2 million Americans remained unemployed for at least six months in June, according to a U.S. Bureau of Labor Statistics report released July 3, underscoring persistent challenges in the labor market despite a slight decline in the nation’s overall unemployment rate, Fast Company reports.
The BLS reported employers added 57,000 jobs in June while the unemployment rate edged down to 4.2% from 4.3% in May. However, the improvement largely reflected fewer Americans participating in the labor force rather than a significant increase in hiring. The labor force participation rate fell three-tenths of a percentage point to 61.5%, its lowest level since March 2021.
For the full story, please visit blackenterprise.com







