New Report: Familiar Challenges for Older Jobseekers

The share of the workforce ages 65 and older is growing, but a new Public Policy Institute (PPI) report reveals that jobseekers in this age group continue to face challenges in their search for work. Among those challenges: Age discrimination. A recent AARP survey has found age discrimination to be widespread. Unemployed respondents were more likely to say they had seen or experienced age discrimination than those working, and 38 percent of unemployed respondents believe they had not been hired …

Fewer Jobs Added in May, but Labor Force Participation Rate of Those Ages 55+ Holds Steady

  Employment overview   The U.S. economy added 138,000 jobs in May, according to the Bureau of Labor Statistics’ newest Employment Situation Report. This was lower than the average monthly gain of 181,000 over the prior 12 months and April’s gain of 174,000 jobs (revised down from 211,000). The unemployment rate in May was 4.3 percent and the number of unemployed persons was 6.9 million. By comparison, the unemployment rate for people age 55 and above was 3.1 percent, with …