While some segments of the population have been able to find employment in recent years, many members of the older generation have found it a major struggle.
The Associated Press reports that the wait for workers over the age of 55 to find employment averages 56 weeks, according to the U.S. Bureau of Labor Statistics. The time for the out-of-work elderly is significantly longer than the rest of the population, which averages a 38-week period.
"It's the nub of the jobs crisis that hiring managers won't or can't acknowledge," said Michael McCarty, director of Business Persons Between Jobs and an adjunct marketing instructor at Maryville University and Saint Louis University in an interview with the source. "If someone has been employed in a single profession or with a single company, they are deemed too old and too expensive to hire."
Though older job-seekers have been struggling, the overall jobs picture in the United States seems to be improving slightly. A report from ADP found that the number of jobs increased 172,000 in July from a month before.
Content provided by executive search organization, MRINetwork.