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Fact-of-the-Week: 14 February 2011


fact of the week

REEMPLOYMENT EASIER FOR YOUNGER WORKERS


According to a 2011 analysis from the Urban Institute, "within six months of job loss, 76% of displaced workers age 18 to 24, 70% of those age 25 to 34, and 69% of those age 35 to 49 become reemployed. By contrast, only 58% of displaced workers age 50 to 61 and 48% of those age 62 or older find new jobs over the same period." (p. 18)


Johnson, R. W., & Mommaerts, C. (2011). Age differences in job loss, job search, and reemployment. (Program on Retirement Policy, Discussion Paper No. 11-01). Washington, DC: Urban Institute. Retrieved from http://www.urban.org/UploadedPDF/412284-Age-Differences.pdf