Fact Sheet Unemployment Rate Soars for Older Men with Limited Education
Richard W. Johnson, Corina Mommaerts
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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.
Research Areas Aging and retirement
Tags Economic well-being Pensions Retirement policy
Policy Centers Income and Benefits Policy Center