Saturday, September 10, 2016

Age discrimination update: Unemployment rate for those 55+ estimated to be 12%, 2.5 million want to work but can't get hired

Reported by Reuters, here:

Further, if you add jobless workers who gave up looking after more than four weeks, the 55-plus unemployment rate is a whopping 12 percent, SCEPA [Schwartz Center for Economic Policy Analysis at the New School] analysis shows. Looked at another way, 2.5 million older Americans want a job but do not have one.

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