senate aging committee hearing

The Long-Term Unemployed: Who’s Been Hurt More?

Posted on 05/23/2012 by |Money and Work | Comments

Bulletin Today | WorkStubbornly high unemployment has thrown workers of all ages into a tizzy. But the question of which age group has suffered most is something the experts can’t agree on. A recent Government Accountability Office report found that many older unemployed workers “face long-term unemployment and reduced retirement security.” It called on Labor Department officials to look at new strategies to help older workers find jobs. Public policy experts the GAO interviewed suggested these and other steps: • Give employers temporary wage …