Jobless Workers aged 45 to 70 face Employment Challenges
A new survey by AARP revealed that workers of 45 to 70 ages, who do not have job, are facing difficulties while searching for new work. If they find work they get lower pay and fewer benefits than they received before.
According to experts, completely 50% of the people surveyed were still without a job or had dropped out of the workforce.
"Long after the Great Recession, too many 50-plus workers who want to work are still unemployed, and once unemployed it takes them longer on average to find jobs than younger job seekers", said Jo Ann Jenkins, president of AARP, in a news conference in Washington.
Data cited by Heidi Shierholz, chief economist with the US Labor Department revealed that since the late 1990s, job growth hit its fastest speed with the US economy including an average of about 250,000 jobs every month.
Shierholz said that older workers have less chance to become unemployed and if they are without a job then they are more likely to get stuck in unemployment for long periods. Researchers ask workers about hurdles to find work, some employers said they are old and some blamed lack of available jobs. There can also be other factor as older workers spend a long time developing particular skills and experience. It means that more time can be taken to find a match.
According to the AARP survey, if they find work, maybe it is not good a job as they left behind. About 48% of the job seekers who got job notified that they were getting less money than before.