Saturday

Over 50, Female And Unemployed

Despite figures that show almost full employment in the US economy - the 5 percent unemployment rate is considered such by economists - female workers over 50 years old are finding it very difficult to get into the job market.
A new study on long-term unemployment from the Federal Reserve Bank of St. Louis found that the prospects for women over 50 darkened after the Great Recession. In 2006-7, before the downturn hit, less than a quarter of the unemployed in this group had been out of work for more than six months. By 2012-13, older jobless women accounted for half of the long-term unemployed.
NYTimes

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