Long-term Unemployment Plummets

    SAN FRANCISCO, CA - MAY 21:  A job seeker fills out an application during a career fair at the Southeast Community Facility Commission on May 21, 2014 in San Francisco, California. Job seekers came out in force looking for employment from nearly 40 employers at the second annual job and career fair in San Francisco's Bayview district. California's unemployment fell to 7.8 percent in April, down from 9.1 percent in April of 2013.  (Photo by Justin Sullivan/Getty Images)

    Justin Sullivan/Getty

    The jobs numbers for the month of June came in stronger than expected, with 288,000 added. As a result, the unemployment rate has dropped to 6.1 percent, which is the lowest since the collapse of Lehman Brothers in September 2008. Economists had expected a gain of between 200,000 to 250,000. According to the Bureau of Labor Statistics, the job gains were across the board in professional and business services, retail, health care, and food services. So far in 2014, the number of unemployed persons has declined by 1.4 percentage points, or 2.3 million people. The number of long-term unemployed also dropped by 293,000 to 3.1 million.

    Read it at Bureau of Labor Statistics