Unemployed Older Workers (OW): Many Experience Challenges Regaining Employment and Face Reduced Retirement Security

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By Charles A. Jeszeck (au)
Year: 2012
Pages: 90
Binding Paperback
ISBN 978-1-4578-3259-8

Product Code: 1457832593

Description

The number of workers age 55 and over experiencing long-term unemployment has grown substantially since the recession began in 2007. This raises concerns about how long-term unemployment will affect OW reemployment prospects and future retirement income. In light of these developments, this report examined: (1) how OW employment status has changed since the recession; (2) what risks unemployed OW face and what challenges they experience in finding reemployment; (3) how long-term unemployment could affect OW retirement income; and (4) what other policies might help them return to work and what steps the Dept. of Labor has taken to help unemployed OW. Charts and tables. This is a print on demand report.

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