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, ...