Sep 03
Sucks to be old… “NYT: Middle Aged Unemployment @ 60 Year high”
Posted by Elon James White on Thursday Sep 3, 2009 Under Uncategorized
At 58, a Life Story in Need of a Rewrite
“…Unemployment for middle-aged workers like Mr. Blattman is the highest it’s been since data was first collected 60 years ago. According to the Bureau of Labor Statistics, joblessness is worse for men over 45 (7.7 percent in July) than women the same age (6.9 percent). And while the middle-aged are still more likely to have jobs than younger workers, once people Mr. Blattman’s age are laid off, finding a new job is harder. In 2008, laid-off people over 45 were out of work 22.2 weeks, versus 16.2 weeks for younger workers….”
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