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


Celebrate Black Life, History, and Culture!
Rewards for Good Sweepstakes
Happy African American couple
Life at 50+ - Register for the Digital Experience
AARP Auto Buying Program

Contests and

Rewards for Good Sweepstakes

Learn about Rewards for Good and you could win $25,000! See official rules.


Best Employers for Workers Over 50

See the latest winners of this AARP recognition program.

Your Own Business

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

Back to Work 50+

Connecting employers and unemployed workers 50+.

Most Popular


Jobless Rate Jumps for Older Workers

Hiring stalls for all age groups as employers wait out uncertain times

Friday's report was a particular shock because a day earlier, analysts were buoyed by a report from the payroll processing company ADP that private-sector employers added 157,000 jobs in June. In addition, new claims for jobless benefits dropped during the week, to 418,000.

On the brighter side, corporate downsizing has leveled off. According to John Challenger, CEO of the consultancy firm Challenger, Gray & Christmas, the pace of this downsizing over the first half of this year was at its lowest level since 2000.

In June, the government sector reported the most layoffs, followed by the retail, financial services and aerospace industries, he said.

"The next three or four months of employment and hiring data will be important indicators of whether the expansion has prematurely hit the brakes or if the dips in job creation are simply bumps on the road to recovery," Challenger said in a statement.

'Mancession' leads to mancovery

While men were hurt disproportionately during the recession, causing some to dub it the "mancession," the recovery has favored them over women.

According to an analysis of government data by the Pew Research Center, men gained 768,000 jobs while women lost 218,000 jobs between June 2009 and May 2011. It's the first recovery since 1970 in which women lost jobs while men gained them.

Though the Pew report said it wasn't entirely clear why men fared better during the recovery, it suggested that more women were caught in the downsizing of federal, local and state governments. Women also lost more jobs than men in manufacturing, retail trade and finance, while more men than women regained jobs in manufacturing and professional and business services.

Carole Fleck is a senior editor at the AARP Bulletin.

Topic Alerts

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

Manage Alerts


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.

membership consumer cellular

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.

Rewards for Good

Your Points Balance:

Learn More

Earn points for completing free online activities designed to enrich your life.

Find more ways to earn points

Redeem your points to save on merchandise, travel, and more.

Find more ways to redeem points

Advance your skills. Transform your career.

Explore your learning possibilities.