duration of unemployment

Men Gain, Women Pained, in Latest Jobs Report

Posted on 07/8/2013 by |Money and Work | Comments

Bulletin Today | WorkHiring was robust in June but only some older workers benefited from that action, according to the jobs report that came out last Friday. Men 55 and older saw their unemployment rate dip to 5.5 percent — down from 5.8 percent in May and 6.6 percent at this time last year. The situation was reversed for older women. Their unemployment rate soared from 4.3 percent in May to 5.4 percent in June, according to the Bureau of Labor Statistics. Still, their figures were …

Older Workers See Gains In Jobs Report

Posted on 05/3/2013 by |Money and Work | Comments

Bulletin Today | WorkDespite fears of a spring slowdown, the economy continued to improve in April as employers created 165,000 new jobs and the unemployment rate held steady for older workers, the government reported Friday. Among all workers 55 and older, the  jobless rate remained at 5.5 percent last month, same as in March. For men in that age group, the rate held steady at 5.7 percent for the second consecutive month. For women, the unemployment rate fell from 5.2 percent in March …

Unemployment Rises for Older Workers

Posted on 05/4/2012 by |Money and Work | Comments

Bulletin Today | WorkApril was another disappointing month for older workers: the unemployment rate for people 55-plus rose one-tenth of 1 percent to 6.3 percent, the government reported Friday. In fact, it was the third straight month that joblessness rose for older workers, from 5.9 percent in February and 6.2 percent in March. The situation for older men remained the same—the rate hovered at 6.3 percent in April, same as in March. But that was a big jump from 5.7 percent in February. …