Long-Term Unemployment: A National Crisis For Older Workers

Wednesday, September 5, 2012 Older Workers Bear The Brunt Of Long-Term Unemployment Americans age 55 and older are struggling to rebound from a dramatic spike in unemployment since December 2007. Seniors have experienced consistently longer periods of unemployment than younger workers, as employers seek cheaper labor and look to skirt potentially higher health care costs, according to a study by the Government Accountability Office released earlier this year. The unemployment rate for workers age 55+ more than doubled to 7.6 percent in February 2010 from 3.1 percent in December 2007. As of July, nearly two million older workers –- 6.2 percent -– were seeking a job. Middle Class Meltdown: Better Off, But Not Financially How A Missing Earring Led To A Million-Dollar Business 'No Groupons' And 9 Other Tips For Men Seeking Love Online Back To School In The '70s: Lunch Boxes, Razzles And Primary Colors How Scientists Are Helping In The Fight Against Prescription Drug Abuse BLOG POSTS Laurel Dewey: The Marijuana Myth: What If Everything You Think You Know About This Plant Is Wrong? A strange thing kept happening. The more I dug into what some opponents refer to as "the green menace," the more I continued to find research studies I wasn't aware existed. Carrie Tuhy: 3 Reasons Hillary Clinton Will Not Be Speaking at the Democratic Convention The woman who shattered the glass ceiling in 2008 will be absent from this convention, missing her party's party for the first time in over a quarter of a century. Where is Hillary Clinton and why is she not speaking? Kenny Loggins: Let's Start a Band Suddenly, I had a new musical style, a new band behind me and by the end of the year, a new marriage. I was ten feet tall and bullet-proof and, like most young, stupidly successful musicians, I just naturally assumed it would all last forever. Amy Ruhlin: Are We Being Those Parents? As my husband drives us back home, I sit in the car and wonder if today was a rescue. I wonder if we were being "helicopter parents." Dr. Caroline Cicero: Clint Eastwood: 'Hot-Doggin' It' at the RNC Eastwood is 82, and his appearance just before Mitt Romney took the stage was an opportunity for him to leave his legacy on the political process.

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