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Older men face longer job searches

Older men face longer job searches

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Published by - michael -
This Father’s day, millions of fathers and grandfathers are struggling to find jobs, and data show that the older the man, the longer he is likely to remain unemployed. Long-term unemployment lasting more than six months has reached record levels during the current jobs crisis. Among male workers age 20 to 24, close to one-third are long-term unemployed. That share increases progressively with age. Among unemployed men age 55 to 64, close to half – 49.7% – have been out of work for more than six months.
This Father’s day, millions of fathers and grandfathers are struggling to find jobs, and data show that the older the man, the longer he is likely to remain unemployed. Long-term unemployment lasting more than six months has reached record levels during the current jobs crisis. Among male workers age 20 to 24, close to one-third are long-term unemployed. That share increases progressively with age. Among unemployed men age 55 to 64, close to half – 49.7% – have been out of work for more than six months.

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Published by: - michael - on Jun 18, 2010
Copyright:Attribution Non-commercial

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10/20/2010

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