Historical Year Data · 2023
Unemployed 27+ Weeks (Long-Term) in 2023
Unemployed 27+ Weeks (Long-Term) opened 2023 at 1,094 and closed at 1,273, a +16.36% move for the year. The high of 1,360 was reached on August 1, and the low of 1,062 on February 1.
Open
1,094
2023-01
Close
1,273
12 data points
High
1,360
Aug 1
Low
1,062
Feb 1
Full Year Change
+16.36%
2022 Change
-35.54%
Monthly Breakdown
| Month | Open | Close | High | Low | Change |
|---|---|---|---|---|---|
| Jan | 1,094 | 1,094 | 1,094 | 1,094 | +0.00% |
| Feb | 1,062 | 1,062 | 1,062 | 1,062 | +0.00% |
| Mar | 1,067 | 1,067 | 1,067 | 1,067 | +0.00% |
| Apr | 1,076 | 1,076 | 1,076 | 1,076 | +0.00% |
| May | 1,151 | 1,151 | 1,151 | 1,151 | +0.00% |
| Jun | 1,122 | 1,122 | 1,122 | 1,122 | +0.00% |
| Jul | 1,190 | 1,190 | 1,190 | 1,190 | +0.00% |
| Aug | 1,360 | 1,360 | 1,360 | 1,360 | +0.00% |
| Sep | 1,241 | 1,241 | 1,241 | 1,241 | +0.00% |
| Oct | 1,327 | 1,327 | 1,327 | 1,327 | +0.00% |
| Nov | 1,166 | 1,166 | 1,166 | 1,166 | +0.00% |
| Dec | 1,273 | 1,273 | 1,273 | 1,273 | +0.00% |
Events During 2023
2023 Silicon Valley Bank Collapse
Mixed
March 2023
Silicon Valley Bank collapsed on March 10, 2023, the second-largest bank failure in US history. The Fed's response redefined liquidity backstops for the banking system.
2023 Credit Suisse Forced Merger
Mixed
March 15-19, 2023
Credit Suisse was forced into an emergency acquisition by UBS over the weekend of March 18-19, 2023. The deal wiped out AT1 bondholders while preserving some equity, reshaping bank capital structure risk assessment globally.
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