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Snyder Reports, 9/17/26
"1.9M Americans Haven't Worked in 27 Weeks –
And It's Getting Worse"
"Long-term unemployment just hit 27% - 1.93 million Americans have now been out of work forweeks or longer. Here's what it means for your wallet, gas, groceries, and job hunt. In this update we break down the August jobs data, why the headline 4% unemployment rate hides people quitting the workforce, the new warning that gas prices rising into winter and higher grocery prices will squeeze families through year-end, the Strait of Hormuz shipping slowdown hitting US inventory and hiring, the US-Canada trade war impact on small business, Trump's tariff threat to the EU over Canada, and why the federal reserve rate hike to 4.25% could push long term unemployment even higher in a fragile economy. If you're worried about layoffs, finding work in this job market , or preparing for higher costs, this is what to watch before the midterms and winter."
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