Though Job Openings Have Reached Pre-Pandemic Levels, Over Half of Older Jobseekers Remain Long-Term Unemployed
The number of job openings rose above 9.2 million in May, and employers are doing more to attract workers, but over half of older jobseekers are still long-term unemployed.
The effects of long-term unemployment on workers and the economy can be long-lasting.
Business closures among small businesses threaten a major source of U.S. jobs
The labor force participation rate for older workers continues to decline, suggesting that many older workers displaced by COVID-19 job loss have left the labor market.
The economy added 225,000 jobs in January but the overall labor force participation rate of adults 55 and older was unchanged for the sixth month. Plus a look at unions and older workers.
Job growth weakened in December but the overall unemployment rate was unchanged at 3.5 percent. Plus a look at older workers and the regional jobs divide.
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