Number of long-term unemployed has increased 14% under Obama

Number of long-term unemployed has increased 14% under Obama

Data from the Bureau of Labor Statistics (BLS) show that since President Barack Obama took office in January 2009, the overall number of people unemployed in the United States has fallen 21.4% but the number counted as long-term unemployed has increased 14.2%.

In January 2009, there were 2,699,000 long-term unemployed Americans. Today, five-and-a-half years later, there are 3,081,000 long-term unemployed Americans. …

While Yellen is technically correct that long-term unemployment has declined, this is taking into account only a few years of data. In Obama’s first year in office, from January 2009 to December 2009, the number of long-term unemployed Americans increased from 2,699,000 to 6,122,000, a rise  of 126.8%.

Since then, the number of long-term unemployed has decreased from 6,122,000 in December 2009 to 3,081,000 in June 2014, a decrease of 49.7%.

However, since Obama has taken office until now in June 2014, the raw number of long-term unemployed Americans has increased 14.2%. …

The BLS defines the “long-term unemployed” as those who are jobless for 27 weeks or more.  According to the BLS, there were 3,081,000 Americans in June who were unemployed for 27 weeks or more.  This number is up 14.2% from the 2,699,000 long-term unemployed Americans in January 2009.

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