Research finds that overall the likelihood of re-careering declines with age, suggesting that older workers may face additional hurdles transitioning into new occupations.
The labor market rebounded in June 2019, according to the Bureau of Labor Statistics' (BLS) monthly Employment Situation.
The number of jobs added to the economy fell sharply in May, according to the Bureau of Labor Statistics.
Employment was up again in April, according to the Bureau of Labor Statistics monthly Employment Situation data.
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 unemployment rate increased to 4.0 percent in January according to the Bureau of Labor Statistics.
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.
The unemployment rate remained unchanged for the third consecutive month at 3.7 percent, according to the Bureau of Labor Statistics’ November Employment Situation Summary.
The unemployment rate remained unchanged for both the overall workforce and those ages 55 and older, according to the Bureau of Labor Statistics’ October Employment Situation Summary.