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.
On Friday Congress passed and the President signed legislation that will prevent another partial government shutdown like the one last month that captured headlines for weeks. But beyond the headlines, the shutdown also served as a very public reminder of a widespread reality in urgent need of solutions: far too many American families are a paycheck away from financial distress.
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.
From creating a trailblazing initiative that trains bank employees to identify and report suspected financial exploitation, to shining the light on the detrimental health effects and high costs of social isolation, AARP’s Public Policy Institute kept a frenetic pace in 2018, underscoring its identity as a leading “think-and-do” tank. Throughout the year, PPI researched, crunched data and analyzed critical policy issues facing older adults and presented solutions and findings here.
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.
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