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.
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
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
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