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Nearly Half Of Oldest Unemployed Have Been Jobless For Over A Year

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Nearly Half Of Oldest Unemployed Have Been Jobless For Over A Year

Post by Guest on Fri Nov 04, 2011 10:01 am

For Baby Boomers who are out of a job, the picture isn't getting any brighter.

People age 55 and older are still the most likely to be part of the long-term unemployed, according to research released this week. The numbers point to a continuation of a trend that has persisted throughout the economic downturn: In a competitive, fast-changing job market, older applicants are finding their options especially limited.

The long-term unemployed include people of all ages, but it's people 55 and older who might have it the worst. Over 43 percent of unemployed people in that age range -- some 923,000 people -- have been out of work a year or more. That's the highest rate of any age group.
http://www.huffingtonpost.com/2011/11/02/long-term-unemployment_n_1071851.html?ref=unemployment

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Re: Nearly Half Of Oldest Unemployed Have Been Jobless For Over A Year

Post by TR11005 on Fri Nov 04, 2011 12:49 pm

This verifies that age discrimination is rampant. Worse yet many of the construction jobs that their trying to do for the infrastructure. Older workers just can't do anymore. Many can't get training due to having a Bachelors degree. Then employers don't want to hire due to higher medical costs, which is a myth.

Their are many other reasons which makes you sick, which is why many of us are depressed.

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Re: Nearly Half Of Oldest Unemployed Have Been Jobless For Over A Year

Post by americatheneedy on Fri Nov 04, 2011 4:33 pm

Flat out discrimination, if this was being openly done to blacks, there would be marches, but our EOC won't even investigate. I have been passed over for two jobs by people far less qualifed by anyone with a brains opinion but they were younger by 23 years. Now they are MY supervisors!!! I even had to train one!!!

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Re: Nearly Half Of Oldest Unemployed Have Been Jobless For Over A Year

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