Research Associate II
Income and Benefits Policy Center
Labor Force Statistics on Older Americans, 2012 (Data)
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This data brief reports 2012 labor force statistics for older Americans, a growing segment of the workforce. It reports labor force participation rates, unemployment rates, employment-to-population ratios, and the share of unemployed workers who have been out of work for more than six months, and compares outcomes to earlier years. Labor market outcomes improved for both younger and older workers in 2012. Older workers continue to fare better than their younger counterparts, although older unemployed adults take longer to find work.
Labor Force Statistics on Older Americans (Fact Sheet / Data at a Glance)
|Posted to Web: January 23, 2013||Publication Date: January 23, 2013|
This data brief reports monthly labor force statistics for older Americans, a growing segment of the workforce. It reports labor force participation rates, unemployment rates, employment-to-population ratios, and the share of unemployed workers who have been out of work for more than six months. Employment outcomes did not change much in November 2012 for Americans ages 55 and older. Older workers continue to fare better than their younger counterparts, although older unemployed adults take longer to find work.
Unemployment Statistics on Older Americans: Updated September 7, 2012 (Fact Sheet / Data at a Glance)
|Posted to Web: December 19, 2012||Publication Date: December 11, 2012|
The recession has increased joblessness among older Americans. These graphs and tables report unemployment rates and how they have varied by age, sex, race, and education since 2007.
Employment and Earnings among 50+ People of Color (Policy Briefs/Retirement Project Brief Series)
|Posted to Web: September 07, 2012||Publication Date: September 07, 2012|
The number of people of color in the workforce will soar in coming decades as the older population expands, grows more diverse, and works longer. However, African Americans and Hispanics age 50 and older face substantial workplace challenges, including relatively low earnings, high unemployment, and limited access to self-employment. Older Asians fare better, but still lag behind their non-Hispanic white counterparts along many dimensions. This data brief shows how recent trends in labor force participation, earnings, self-employment, and unemployment vary by race and Hispanic origin for adults age 50 and older.
Who Purchases Long-Term Care Insurance? (Series/Older Americans' Economic Security)
|Posted to Web: August 16, 2011||Publication Date: August 03, 2011|
Most Americans will eventually need long-term care, which is often expensive and not usually covered by public programs until recipients have nearly exhausted their savings. In 2009, 5.2 million Americans age 65 and older not living in institutions had long-term care needs. Yet, only about 1 in 10 Americans age 55 and older had private long-term care insurance in 2008. Coverage rates were nearly twice as high among those with annual incomes in excess of $100,000. Private insurance covered only 7 percent of the $240 billion in U.S. long-term care costs in 2009. Nearly a fifth were paid out of pocket.
How Did 50+ Workers Fare in 2010? (Research Brief)
|Posted to Web: April 06, 2011||Publication Date: March 28, 2011|
Unemployment rates remained high for the 47.5 million workers age 50 and older in 2010. More than half of unemployed workers this age were out of work for more than six months, and nearly a third were out of work for more than a year. Workers age 50 to 61—too young to qualify for Social Security retirement benefits—have fared worse than those age 62 and older since the Great Recession began in December 2007. This data brief shows recent trends in unemployment, employment, labor force participation, earnings, and unemployment duration.
Can Unemployed Older Workers Find Work? (Series/Older Americans' Economic Security)
|Posted to Web: February 28, 2011||Publication Date: February 01, 2011|
Job loss during the Great Recession is upending retirement savings plans for many older workers. Fewer than a quarter of workers age 50 and older who lost their jobs between mid-2008 and the end of 2009 found work within 12 months, much lower than the reemployment rate for younger workers. Older displaced workers who find jobs must often accept deep pay cuts. These challenges highlight the need for more training and employment services for those 50 and older.
|Posted to Web: January 12, 2011||Publication Date: January 12, 2011|
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