Wednesday, September 12, 2012

Older Workers in the Great Recession


Unemployment poses economic dropout risk to older workers. (The Raw Story, 9/6/2012)

Excerpt: Director of the Center for Labor Market Studies at Northeastern University Professor Andrew Sum noted in a video for the site that, though older workers were slightly more likely to keep their jobs in the economic recession, they also had a much harder time finding employment again if they did get laid off. The average amont of time workers over 55 remained jobless was about 44 weeks.

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