Alert
Close

Think you know AARP? What you don't know about us may surprise you. Discover all the 'Real Possibilities'

Highlights

Open

Real Possibilities

You and Your Town Contest-You could win an AARP RealPad
Introducing RealPad by AARP
Auto mechanics in repair shop. Small Business Resource Center

Contests and
Sweeps

$10,000 Winter Escapes Sweepstakes

Beat the cold and cozy up to a chance of winning $10,000! See official rules.

AARP-iPad-ePub-app
AARP Auto Buying Program

PROGRAMS & RESOURCES

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
ARTICLES

Viewed

Jobless Rate Sticks at 9.1 Percent

But for older men and women, rate edges down, duration of joblessness goes up

U.S. employers added 103,000 workers to their payrolls in September but nearly half the gains reflected striking Verizon workers returning to work, the government reported Friday. The increase wasn't enough to budge a stubborn unemployment rate from 9.1 percent.

See also: The nation's financial pain, state by state.

But for older workers, the rate fell: For women 55-plus it dipped to 6.6 percent from 7.1 percent, while for men it declined to 6.9 percent from 7 percent.

Analysts noted that overall, 53,000 more older workers had no jobs last month, as downbeat national and world outlooks led employers to put off hiring.

In addition, the average duration of unemployment for workers 55-plus grew by more than two weeks to nearly 55 weeks, compared with about 39 weeks for younger workers, noted Sara Rix, senior strategic adviser for AARP.

 'Just hanging in there'

The 103,000 figure was about twice the size that many economists had been predicting as the release of the BLS report drew near. The report’s revision of the August figures of zero net gains to 57,000 jobs also gave some cause for optimism.

But Paul Ashworth, chief North American economist for research firm Capital Economics, says the striking Verizon workers’ return to work distorted the picture. “The upshot is that the underlying acceleration in payrolls last month was actually a lot smaller,” he said. “The U.S. economy is just about hanging in there.”

September's job growth came largely in business and professional services, health care and construction. Local governments continued to lay off workers, mostly in public education — total government employment was down by 34,000 for the month.

The number of unemployed workers rose by 25,000 to 14 million, with 6.2 million people jobless for six months or more as of last month. But there was an increase — from 8.8 million in August to 9.3 million in September — of those working part time because they couldn't find full-time jobs or their hours were cut.

The number of discouraged workers — people who became so depressed about their prospects that they had stopped looking for work and therefore weren't counted among the unemployed — fell slightly to 1 million in September, down by 172,000 from a year earlier.

Next: Cost of living for Americans has gone higher. >>

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.

Mujer en la parte de afuera de so negocio

Free quotes for members from the AARP® Small Business Insurance Program.

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

Explore Your Learning Possiblities