What Older Workers in the Rust Belt Need From Trump

June Unemployment Report for Workers Over 55

The Bureau of Labor Statistics (BLS) today reported a 3.2% unemployment rate for workers age 55 and older in June, an increase of 0.1 percentage points from May. The low unemployment rate for near retirees is good news. The bad news is that no one can work forever, and our calculations report a ...
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What Older Workers in the Rust Belt Need From Trump

May Unemployment Report for Workers Over 55

Without the Choice to Retire, Unemployment Exacts High Psychological Costs on Older Workers

The Department of Labor’s monthly unemployment report released today shows  an unemployment rate of 3.4% for workers over the age of 55. The unemployment rate has decreased from 3.6% last month to 3.4%, a decrease of 0.2 percentage points.

In addition to imposing a financial cost on older workers, ...

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May Unemployment Report for Workers Over 55