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Long-term unemployment is rising as uncertain businesses hold off on hiring
“That now represents about 24% of the total unemployed population,” said Alex Jacquez, chief of policy and advocacy at Groundwork Collaborative, a progressive economic policy think tank. “And it's the most long term joblessness we've seen since the end of 2021 in some of that tail end of Covid-19 recovery.” Jacquez said much of the reason for the long-term unemployment is how businesses are responding to the economic policies of the Trump administration.