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FACT OF THE WEEK
 

1 in 4 men aged 62-65 experienced 4 or more periods of unemployment in their lifetimes

Over the course of their lifetimes, 22% of men age 62-65 have experienced 4 or more periods of unemployment lasting at least one year, while 17% have experienced three episodes, 23% two episodes and 25% one episode, according to a 2017 analysis of data from the Survey of Income and Program Participation and other sources. (p. 7-8)
       
 
 
         
National Endowment for Financial Education. (2017). Income shocks and life events: Why retirement savings fall short. Retrieved from this source.
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