Historical Year Data · 2022
Unemployed 27+ Weeks (Long-Term) in 2022
Unemployed 27+ Weeks (Long-Term) opened 2022 at 1,663 and closed at 1,072, a -35.54% move for the year. The high of 1,695 was reached on February 1, and the low of 1,072 on December 1.
Open
1,663
2022-01
Close
1,072
12 data points
High
1,695
Feb 1
Low
1,072
Dec 1
Full Year Change
-35.54%
2021 Change
-50.66%
Monthly Breakdown
| Month | Open | Close | High | Low | Change |
|---|---|---|---|---|---|
| Jan | 1,663 | 1,663 | 1,663 | 1,663 | +0.00% |
| Feb | 1,695 | 1,695 | 1,695 | 1,695 | +0.00% |
| Mar | 1,386 | 1,386 | 1,386 | 1,386 | +0.00% |
| Apr | 1,383 | 1,383 | 1,383 | 1,383 | +0.00% |
| May | 1,302 | 1,302 | 1,302 | 1,302 | +0.00% |
| Jun | 1,356 | 1,356 | 1,356 | 1,356 | +0.00% |
| Jul | 1,114 | 1,114 | 1,114 | 1,114 | +0.00% |
| Aug | 1,222 | 1,222 | 1,222 | 1,222 | +0.00% |
| Sep | 1,116 | 1,116 | 1,116 | 1,116 | +0.00% |
| Oct | 1,210 | 1,210 | 1,210 | 1,210 | +0.00% |
| Nov | 1,241 | 1,241 | 1,241 | 1,241 | +0.00% |
| Dec | 1,072 | 1,072 | 1,072 | 1,072 | +0.00% |
Events During 2022
2022 Fed Rate Hiking Cycle
Stagflation
March–December 2022
The Fed raised rates 425bps in 2022, the fastest hiking cycle since the Volcker era. The 60/40 portfolio posted its worst year since 1937.
2022 UK Mini-Budget & Gilt Crisis
Stagflation
September 23 – October 14, 2022
UK Prime Minister Liz Truss's September 23, 2022 mini-budget triggered a collapse in sterling and gilts. LDI pension strategies faced forced liquidation. The Bank of England intervened to prevent financial instability.
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