Fact-of-the-Week: 25 April 2011
fact of the week
ONE IN EIGHT OLDER ADULTS AMONG LONG-TERM UNEMPLOYED
"Among unemployed adults over age 65, one out of eight (12.15%) had faced 99 weeks or more of unemployment, sometimes called very long-term unemployment. For unemployed adults aged 55+, 11.51% had spent almost the last two years looking for work, considerably higher than the figure of 6% among unemployed workers under age 35," according to a 2011 analysis of BLS data.
Find more facts of interest to you in our Aging & Work Facts Database »
Follow the Sloan Center on Aging & Work