Tag: unemployment for older workers
The brief’s key findings are: The Great Recession threw many older individuals out of work, so it is important to understand their job search activity. The results show little tolerance for a lengthy search; the vast majority either find a job or exit the labor force within a year. Those with financial resources, such as…
The brief’s key findings are: Older workers are now as vulnerable to layoffs as younger workers, because: their job tenure has declined, eroding the traditional protection afforded by seniority; and the risk of layoffs in manufacturing has risen, particularly for older workers. The heightened vulnerability of older workers is a serious concern, because unemployed older…