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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.


Rix, S. E. (2011). Unemployment down but overall job growth remains anemic. (Fact Sheet No. 210). Washington, DC: AARP Public Policy Institute. Retrieved from http://assets.aarp.org/rgcenter/ppi/econ-sec/fs208-employment.pdf