The unemployment rate declines to a 50-year low but hiring slows in September. Plus, a look at international efforts to promote longer careers.
Research finds that overall the likelihood of re-careering declines with age, suggesting that older workers may face additional hurdles transitioning into new occupations.
Employment rebounded in March with the economy adding 196,000 jobs, up sharply from only 33,000 jobs added in February (revised up from +20,000 jobs), according to the Bureau of Labor Statistics monthly Employment Situation data.
Overall, the economy added only 20,000 jobs in February, a sharp decrease from the 311,000 jobs added in January (revised up from +304,000) according to the Bureau of Labor Statistics monthly Employment Situation data.
The economy added 312,000 jobs in December, a strong increase from the 176,000 jobs added in November (revised up from 155,000), according to the Bureau of Labor Statistics’ December Employment Situation Summary.
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