A Closer Look

Older Workers / Unemployment Duration / US : Chances of finding another job are low

“After reaching record highs month after month, the typical length of time a jobless worker in the United States has been unemployed finally fell in April’ 2011, to “only” 38.3 weeks. But the outlook is looking bleaker for the nation’s older workers.” wrote Catherine Rampell in Older Workers Without Jobs Face Longest Time Out of Work  economix.blogs.nytimes.com.”

Even if “older workers are much less likely to be unemployed than their younger counterparts”, “their chances of finding another job are extraordinarily low” adds Catherine Rampell. (Following figure)

 

Source: http://economix.blogs.nytimes.com/2011/05/06/older-workers-without-jobs-face-longest-time-out-of-work/

Source & details @:

For Older Workers, Unemployment Lasts Longest – NYTimes.com.

 

Discussion

8 thoughts on “Older Workers / Unemployment Duration / US : Chances of finding another job are low

  1. This is just too depressing. After 2-1/2 years, the only thing I could find is a part-time job that pays about $400-$500 a month.

    I used to have a job that paid $65k/year. I despair of ever finding that again.
    I have the skills and education. Thing is, the employers don’t care. They just want “cheap.”

    Posted by missdisplaced | May 9, 2011, 7:04 pm
  2. Work should be a right, not a priviledge for those who are ‘liked’. Employers who pay workers less than 125% of minimum wage should be required to hire those low-pay workers only from government assignments, not from their own ‘discretion’ which is generally illegal discrimintation. If you need unskilled workers, you should not need to vet them, or be allowed to vet them. Pay people more and you can pick and choose as you like.
    Workers should be able to sign up on a government roster, take standardized aptitude tests, and then be assigned a job according to their abilities. Employers should not have the right to terminate without cause.
    The costs for this should be paid 100% by employers. They are using our infrastructure. They could not even do business without it, so they must pay for the usage of our infrastructure, including access to our (not their) labor pool. The workers of America belong to America, not to the employers of America. America is the all the citizens of America, not just its economically viable citizens.
    This will not ‘cost jobs’. The only thing that will be reduced is the net margins of the businesses, impacting executive and ownership compensation slightly. Tough. They already have it far better than they need, and no they did not ‘earn’ their advantaged positions. Their wealth generally indicates a willingness to use other people for their own benefit regardless of the consequences to the people used; hardly a moral characteristic that should be promoted in a truly civilized society. Wealth can be achieved through noble means, but most wealthy folks tend to take the easy route instead, which usually involves criminal short cuts. Out of all the jobs I have ever had, more often than not, my work superiors have usually committed crimes to improve their bottom line. This has ranged across industries from computer manufacturing, to energy companies, to restaurants, to sales, hospitality, and on and on. American Business is largely a vast enterprise of hidden crime, and people getting rich off of being criminals, as long as they have the right prestigious facade to hide behind. Rich and poor can do the exact same thing, and the poor man is called a criminal, and the rich man is called a respected businessman/professional.
    And when we end up unemployed due to their illicit activities, it always ends up as us victims who are called ‘lazy’ losers who don’t ‘deserve’ any ‘help’.

    Posted by David Nicol | June 2, 2011, 2:13 am

Trackbacks/Pingbacks

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