The Hidden Cost of Long-Term Unemployment in June 2026

The May jobs report drops Friday, but beneath the headline payroll number, a troubling trend is building: long-term unemployment is surging. Lucas and Luna dig into the latest data—initial jobless claims spiked to 225,000, and the number of workers jobless for 27 weeks or more is rising fast. They explore why this matters for the Fed's rate path, consumer spending, and the broader economy, and what it means if you're one of the millions caught in the gap. #LongTermUnemployment #JobsReport #May2026 #EconomicForecast #FedPolicy #LaborMarket #InitialJoblessClaims #JoblessRecovery #Hysteresis #ConsumerSpending #UnemploymentRate #WageGrowth #InterestRates #Inflation #Economics #FexingoBusiness #BusinessPodcast #Podcast Keep every episode free: buymeacoffee.com/fexingo