Long-term unemployment has long-term consequences, especially for older workers


The Impact of Long-term Unemployment: Lost Income, Lost Friends — and Loss of Self-respect, issued by the Pew Research Center this week, captures the impact of the Great Recession on all workers, but particularly on older workers.

A few key facts from the full report:

From December 2007 to May 2010, the number of workers without a job for more than six months rose from 1.3 million to 6.7 million, a
fivefold increase.

For most groups, the share of long-term unemployed is similar to the national share.
However, more than half (51.8%) of unemployed black workers have been seeking work for more than six months. The same is true for older workers—58.3% of workers 50 and older have been jobless for more than six months. That is the highest share across the various groups. Research from the BLS shows that older workers became less likely to drop out of the labor force during the Great Recession.6 That raised both their unemployment and long-term unemployment rates.

Only one group—workers 50 and older—truly stands out as being overly represented among the long-term unemployed. Workers 50 and older are 22.5% of all unemployed but 28.4% of long-term unemployed.

Share

Comments

Justintiff said:

Acheter Viagra Le Vrai http://costofcial.com - online pharmacy Cialis 5 Mg Precio En Farmacia Biaxin With No Prescription Extra Super Levitra Order Effexor Online buy cialis Viagra Kaufen Per Uberweisung Zithromax Ingredients http://costofcial.com - online pharmacy Propecia Complicaciones Cialysis

Rondove said:

Cephalexin 500ng Cap Ranbaxy Pharmacies Priligy viagra Viagra Prezzi Farmacia Purchase Amoxicillin Without Prescription Effexor Buy Online

Rondove said:

Order Now Isotretinoin cheap levitra online Amoxicillin Tooth Infection Dose

Rondove said:

Buy Super Kamagra viagra online prescription Cialis 10 Bestellen Sex Pills For Women

Jeffdouche said:

Cialis 20 Mg Espana Achat Amoxicillin Pharmacie Distribuer Produits viagra cialis Acheter Du Clamoxil

Rondove said:

Albuterol By Mail Kamagra Vente 200 Mg viagra Amoxil Orale Cialis Em Farmacia Amoxicillin For Colds

Rondove said:

Compra De Viagra On Line Canadian Mail Order Pharmacies To Usa Se Vende Cialis Sin Receta viagra Propecia En Falta

Rondove said:

Viagra 50mg Tablets isotretinoin where can i buy Viagra Zum Kaufen Ohne Rezept best price for levitra 20mg 1 Propecia Vs 5 Propecia Pharmacys Online

Rondove said:

Viagra Generikum Bestellen viagra online Women Cialis Reviews Baclofene Intrathecal

Leave a Comment »

Leave a Reply

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