FINDING EMPLOYMENT IS A LONGER WAIT AMONG THE AGING AMERICAN (459 hits)
YOUR NATIONAL NEWS SEPTEMBER 2012
A popular survey taken by Charles Schwab indicated that Americans ages 55 and older in a middle-income considered life as good. This was noted because the large majority about 76 percent were content and happy with their jobs. The survey named reasons of their happiness as being 'respected, valued" and energized" at work.
However, with the recession offically over more than three years ago have found many older Americans searching for employment for over 27 weeks; or longer. As of May 2012 that proportion has spread to more than half of older job seekers. The survey indicated that uemployment for those 55 and older had an employment rate of 3.2 percent and the latest rate in 2012 has grown by 103.1 percent since the recession began. In May 2012 the unemployment rate for Americans 55 plus was near a 6.5 percent. The survey also noted that an unknown number of American seniors got discouraged and thereby decided to take what's being call "involuntary retirement". The survey also researched that finding a job takes more time if you're over 55 years of age.
