Unemployment Rate Soars for Older Men with Limited Education

Highlights

Unemployment Rate Soars for Older Men with Limited Education

Abstract

As the recession enters its 15th month, job losses continue to accelerate. The downturn has not spared older workers. The January 2009 unemployment rate reached 6.0 percent at age 55 to 64 and 5.7 percent at age 65 and older. Hispanic men, older men working in construction and manufacturing, and those with limited education have been hit hardest.

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Cross-Center Initiative

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