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Life Health > Life Insurance

Unemployment for seniors still rising

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  • 7.1% – Unemployment rate in May for workers 55 and older, up from 7 percent in April.
  • 44.2 – Number of weeks older jobseekers were unemployed in May, up from 42.9 in April.
  • 59.4% – Percentage of older jobseekers who were unemployed for 27 weeks or more in May, up from 23 percent at the start of the recession.
  • 7.6% – unemployment rate for older men in May, compared with 5.9 percent for older women.
  • 28 million – Number of people 55 or older who had a job in May.

Source: AARP


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