Boomers’ Unemployment at a Record Level – No Help from Government on the Horizon

Over 50 and Out of Work’s August Stay Thirsty column:

June’s unemployment rate of 9.2 percent reveals that the economy is, at best, stalled. The unemployment rate of 6.8 percent for workers over 50 looks good in comparison to the national average, but it is the highest rate ever recorded in the United States for this age group, which has reached a vulnerable point in its economic lifespan.

A May 2011 report published by the Center for Labor Market Studies at Northeastern University includes many shocking facts about unemployment today among older Americans. A few stand out:

  • The unemployment rate for older dislocated workers is twice as high as the rate experienced by all workers when the Great Depression reached rock bottom in the 1930s.
  • During the Great Recession of 2007 to 2009, one out of seven older workers in the private sector lost his or her job.
  • Since the declared end of the Great Recession, older workers have been re-employed at the lowest rate in the last 30 years.

Given the U.S. budget deficit, the debt ceiling limit and impending future budget cutbacks, jobless boomers cannot expect additional assistance from government in the form of unemployment insurance, social services programs or job training. Worse yet, older workers may now also find their government jobs at risk.

To read more click here.



Mitsenkobuh said:

svizzera farmacia online bed5 acheter du online en suisse

Keithdix said:

there pill better than viagra buy viagra viagra sales usa viagra online generic viagra in canada

Stanleynip said:

generic viagra online uk co generic viagra available comprar viagra online en chile sildenafil citrate generic viagra 100mg miglior viagra online

RonaldBiz said:

viagra piller virkning buy viagra online buy liquid viagra viagra online viagra las vegas buy viagra pills sildenafil citrate sale viagra pills generico viagra droga raia

Jeffreysix said:

viagra super aktiv 100 mg viagra prices viagra da 100mg prezzo buy viagra can buy viagra ebay

Brianbuh said:

viagra sildenafil 100mg kaufen viagra online what is a safe site to buy viagra generic viagra price at walmart walmart pharmacy price of viagra sildenafil citrate generic viagra 100mg viagra sale uk online sildenafil citrate generic viagra 100mg where to get free viagra

Sonjaniply said:

check their explanation site on Yahoo view it visit our website from this source on Yahoo find here sites official website conversational tone

Ronaldtudge said:

gel viagra online uses viagra tablets costco pharmacy price viagra viagra dubai price half a viagra pill do you get viagra in india viagra and levitra taken together viagra bestellen pillenpharm viagra buyers

Allentearl said:

generic viagra sildenafil citrate 50 mg viagra 50mg price walmart vrouwelijke viagra pill generic viagra date buy viagra super force online yahoo answers can get viagra viagra online ohne rezept prescription needed to buy viagra sildenafil viagra 100mg

Leave a Comment »

Leave a Reply

Your email address will not be published. Required fields are marked *