Alert
Close

Get free help preparing your taxes from AARP Foundation Tax-Aide. Find a location

Highlights

Open

 

Contests and
Sweeps

AARP’s Superstar
2015 Contest

Sing for a chance to win $5,000! Enter AARP’s Superstar 2015 Contest!
See official rules.

Free Fun!

AARP Games - Play Now!

PROGRAMS & resources

Best Employers for Workers Over 50

Check out the winners list and latest news about this AARP recognition program.

Employer Resource Center

Attract and retain top talent in a changing workforce.

Your Own Business

Information for business owners, entrepreneurs and the self-employed.

webinars

Learn From the Experts

Sign up now for an upcoming webinar or find materials from a past session. 

Most Popular
Articles

Viewed

The Employment Situation, June 2010: A Mixed Picture for Older Workers

This and Related Reports

According to a new PPI Fact Sheet by Sara E. Rix of the AARP Public Policy Institute, the overall employment situation improved in June with the decline in unemployment for the total workforce and the aged 55+ workforce.  Private-sector employment, however, rose by only 83,000.
 
In June, nearly 2.1 million of the unemployed were at least 55 years old.  Older persons were 14.2 percent of the unemployed in June, just about what they were in May.

In June, 70,000 fewer older persons were classified as unemployed, but only 17,000 older persons were added to the ranks of the employed in June. What did increase substantially was the number of older persons who were out of the labor force. In June, approximately 44.7 million individuals aged 55 or older were neither working nor looking for work, about 456,000 more than the month before and a far greater increase than in May.

Once unemployed, older workers tend to be out of work longer than their younger counterparts; this pattern prevailed in June as well. The average duration of unemployment for those aged 55 and older in June was 40.6 weeks. This was a decline from 44.2 weeks in May (although much higher than the 20.2 weeks in December 2007).

Most older persons who are out of the labor force say that they do not want a job. However, the number expressing interest in work rose by 114,000 between May and June. After falling in May, the number of older discouraged individuals rose to 289,000, or by almost 14 percent, in June

Topic Alerts

You can get weekly email alerts on the topics below. Just click “Follow.”

Manage Alerts

Processing

Please wait...

progress bar, please wait

Tell Us WhatYou Think

Please leave your comment below.

Jobs You Might Like

Discounts & Benefits

From companies that meet the high standards of service and quality set by AARP.

UPS Store membership discount aarp benefits

Members save 15% on eligible products/services, 5% on UPS shipping at The UPS Store®.

membership adt

Small business owners save 20% on new installation of any new ADT security system.

Man using cell phone outdoors

Members save on monthly service & usage fees and get free activation with Consumer Cellular.

Member Benefits

Renew today! Members receive exclusive member benefits & affect social change.

Advance your skills. Transform your career.

Explore your learning possibilities.