Employers picked up the pace of hiring in February, and older workers gained from that momentum. A robust 236,000 jobs were created, nudging down the unemployment rate nationally, including for workers 55 and older, the government reported Friday.
Older job seekers may feel like they're scaling Mount Everest in pursuit of work. Employers added 157,000 jobs to their payrolls in January but the unemployment rate for older workers climbed just one-tenth of 1 percent to 6 percent, the government reported Friday.
Companies loosened their purse strings and hired more of us older workers in August. The unemployment rate dipped to 5.9 percent last month from 6.2 percent for workers 55-plus, the government reported Friday.
The latest unemployment numbers show that the average 55+ worker is out of work for 55 weeks, compared to 39 weeks for younger workers. Want to increase your odds of landing a job in a rough economy with 9.1% unemployment?
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