When “Stable” Isn’t Stable: The Hidden Toll of Long-Term Unemployment
Recent government data suggests the job market is stabilizing. Headlines point to modest job growth. The unemployment rate appears steady. But for roughly 1.8 million Americans, those headlines offer little comfort. Today, about 1 in 4 unemployed workers has been searching for six months or longer. That is the highest share in years. Behind that number are professionals who did everything “right” and are still waiting. A recent CNBC story captured this reality through the experience of a 47-year-old IT professional who lost her corporate job more than a year ago. Her six-figure income dropped to gig work. She moved in with friends to cut costs. She continues applying, interviewing, recalibrating. She described the experience as “a mental war.” That phrase matters. Long-term unemployment is not just a financial event. It is psychological. It reshapes identity. It tests confidence. It alters daily rhythms and future plans. In my book Redefined , I profiled five individuals navigati...