Tell Me About It: Older unemployed workers still suffering, jobs numbers show | Money & Company | Los Angeles Times

Filed under: Benefits & Compensation,News |

Friday’s jobless figures show that the unemployment situation for older folks is improving slightly, but that they’re still among the hardest hit by the recession.

People over 55 who had lost their jobs saw their average duration of unemployment fall to 42.8 weeks in December, from 44.9 in November, according to an AARP analysis of data. But that’s still about three months longer than the duration of joblessness for people under 55. The average length of time younger workers were out of a job fell to 32.4 weeks in December, from 32.8 the month before.

via Older unemployed workers still suffering, jobs numbers show | Money & Company | Los Angeles Times.

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