Jen Schramm, MPhil, SHRM-SCP, GPHR, is a senior strategic policy advisor at the AARP Public Policy Institute. Her areas of expertise include employment trends, policy challenges and opportunities related to workers and jobseekers ages 50 and above, and skills and credentialing for mid- and late-career workers. Read her full biography.
For many low- and moderate-wage workers, the COVID-19 Recession has highlighted the shift away from stable working hours and a subsequent rise in income volatility.
The aftermath of the previous jobs crisis provides insight into what many of today's displaced 50+ workers likely will experience in the coming months.
The labor force participation rate for older workers continues to decline, suggesting that many older workers displaced by COVID-19 job loss have left the labor market.
The economy added 225,000 jobs in January but the overall labor force participation rate of adults 55 and older was unchanged for the sixth month. Plus a look at unions and older workers.
Job growth weakened in December but the overall unemployment rate was unchanged at 3.5 percent. Plus a look at older workers and the regional jobs divide.