may unemployment

Joblessness Rises for Older Workers in May

Posted on 06/1/2012 by |Money and Work | Comments

Bulletin Today | WorkUnemployment lines got longer in May for older workers as the unemployment rate for people 55-plus rose to 6.5 percent from 6.3 percent the month before, the government reported Friday. For older men the jobless rate climbed sharply from 6.3 percent to 7 percent last month. The rate declined for women to 5.6 percent from 5.8 percent in April. May was a trying month for workers of all ages around the nation. The economy only added a feeble 69,000 jobs, far …