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A disturbing employment trend is hiding beneath the latest strong job numbers

CNBC Economy·November 6, 2026·1 min read
A disturbing employment trend is hiding beneath the latest strong job numbers

The average jobless worker's bout of unemployment surpassed 27 weeks in October, the highest outside the pandemic period in a decade. This troubling trend hides beneath otherwise strong job numbers, indicating that while hiring is robust, long-term unemployment is rising. The data suggests a mismatch between available jobs and workers' skills or locations, posing challenges for economic recovery.

Read at CNBC Economy
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