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The Employment Situation, August 2013:

Sputtering Along

This AARP Public Policy Institute fact sheet looks at the August 2013 employment situation for the workforce aged 55 and older.

Nonfarm payroll employment increased by an estimated 169,000 between July and August, but the increase that had been estimated for July was revised downward.

At 5.1 percent, the unemployment rate for the aged 55-plus workforce was little changed from July’s 5.0 percent. Nor did the percentage employed (employment-to-population ratio) show much change. Average duration of unemployment edged upward once again in August.

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