Senior Unemployment Rate Hits 31-Year High

Source: Richard W. Johnson, Urban Institute, January 14, 2009

From the abstract:
Unlike most previous recessions, the current economic slowdown has substantially increased the unemployment rate for older Americans. In December 2008, 5.1 percent of workers age 65 and older were unemployed, a higher share than at any time since March 1977. This factsheet provides the latest information on the employment situation of older Americans.

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